Investing in a 137-unit development in the Algarve presents a unique chance for substantial returns, with this approved project in Olhos de Água being a prime example. Valued at €8,150,000, this plot is perfect for creating a wellness resort that appeals to a growing market of health-oriented tourists. The development plan includes dedicated communal facilities alongside residential units, blending luxury living with comprehensive wellness amenities. Located just minutes from the nearest beach and a mere 32 km from Faro airport, it is poised to attract both local and international visitors. The infrastructure around the plot supports a diverse lifestyle, with golf courses and other recreational facilities nearby. Ideal for developers focused on sustainable and healthy living environments, this project promises a high rate of return on investment. Don’t let this opportunity slip by—contact us to learn more about how you can become part of this vibrant community!
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
