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

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The investment opportunities for a wellness resort near Albufeira are robust, especially with this prime plot of land in Olhos de Água available for €8,150,000. This plot comes with an approved project enabling the construction of 137 units, catering to the increasing demand for wellness and family-oriented tourism in the Algarve.

The unique aspect of this development is its dual-focus, providing both health-centric amenities and family-friendly features, which means it can attract a diverse clientele. Situated only 4 km from the lovely beach and 7 km from the vibrant Albufeira centre, this location is highly sought after by both tourists and investors.

Investors can expect significant rental income, especially given that Faro airport is just 32 km away, and countless attractions are within easy reach. Additionally, the area's growing trend towards wellness tourism means the potential for high ROI is considerable.

Imagine transforming this land into a luxurious resort where guests can unwind in a serene environment, indulge in wellness therapies, or enjoy family activities. Furthermore, with plenty of nearby amenities, including golf courses, restaurants, and markets, this investment is perfectly situated for success. Seize this opportunity to create a premier destination in one of the Algarve's most beautiful regions. Contact us to explore this remarkable investment further!

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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