Investing in a wellness resort project in Olhos de Água presents significant potential returns. The approved project allows for 137 units, creating an attractive proposition for generating income through holiday rentals. Priced at €8,900,000, the plot is strategically located just 2.5 km from the beach, ensuring a steady stream of guests throughout the year. Given the increasing demand for health-focused holidays, the investment in this project is expected to yield a high return as wellness tourism continues to grow. The resort's design includes communal amenities aimed at families and individual guests, enhancing its marketability. The area is not only scenic but also conveniently located near essential services and Faro airport is only 32 km away. This easily accessible location appeals to both local and international tourists. Prospective investors can expect attractive rental yields in this flourishing market. Don’t miss out on this impressive opportunity—reach out to us for further insights!
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
