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What are the investment opportunities for tourist apartments in Albufeira?

Plot in Olhos de Água

ref. VM1988
8.900.000€
  • NA
  • 25.060m2

Investment opportunities for tourist apartments in Albufeira include this exceptional plot with an approved development project for up to 137 units in Olhos de Água. This location, only 7 km from the bustling centre of Albufeira, promises an excellent return on investment for those looking to cater to the ever-growing tourism sector. Designed for a wellness resort, this plot includes communal facilities and promotes a healthy lifestyle, attracting a diverse clientele.

Future guests will enjoy easy access to the stunning beaches just 4 km away, and the range of nearby amenities adds to the allure of the development. The planned two distinct building areas ensure a mix of wellness-focused and family-friendly offerings, perfect for investors wanting to capture multiple market segments. Additionally, the Algarve region's natural beauty and leisure offerings—such as golf courses and outdoor activities—enhance the attractiveness of this investment.

The plot's strategic location, with Faro Airport just 32 km away, makes it convenient for international guests, thereby increasing rental potential. With the wellness tourism trend on the rise, investing here promises significant opportunities. Now is the time to secure your share of Albufeira’s property market. Reach out to us to learn more about this outstanding opportunity!

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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