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What are the investment opportunities for a wellness resort in Albufeira?

Plot in Olhos de Água

ref. VM1988
8.900.000€
  • NA
  • 25.060m2

Investment opportunities for a wellness resort in Albufeira are exemplified by this approved plot in Olhos de Águia, priced at €8,900,000. The site is designed to feature 137 units within a wellness resort, combining family-friendly and health-oriented amenities. With numerous tourist attractions and beautiful beaches nearby, this property presents a lucrative chance for serious investors aiming at the flourishing Algarve market.

Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
25.060 m²
● Distance to the nearest beach - 4 km
● The price includes the plot and the approved project but not the construction of the building

This plot has an approved project for a Wellness Resort. The development is divided in two main areas with a maximum of 137 units. The two east buildings will focus more on health and wellness of the resort. They will have a reception and other communal facilities but also feature a fully equipped clinic specialized in rejuvenation.

The two west buildings will have a more relaxed feel appropriate for families. The west wing will also have access to the wellness facilities and other communal amenities.

Location

• Distance to the nearest beach - 4 kms
• Distance to Faro airport - 32 kms
• Distance to Golf - 3 kms
• Distance to Olhos de Água - 2,5 kms
• Distance to Albufeira - 7 kms
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