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What is the cost of a large investment plot with approved project in Albufeira?

Plot in Olhos de Água

ref. VM1988
8.150.000€
  • NA
  • 25.060m2

The cost of a stunning investment plot with an approved project in Albufeira is €8,150,000. This expansive plot is suited for a wellness resort and holds incredible value due to its approved plans for 137 units. Buyers focused on lucrative opportunities will find that this substantial investment not only provides a premium location but also a promising return owing to the area's popularity as a holiday destination. Set within a peaceful environment, the plot's location is strategic for attracting tourists and families alike, being merely 4 km from the beach. The design of the project aims to promote health and wellness, making it a unique offering in the market. Given the rising trend of wellness-focused travel, investing in this property could see substantial returns. With communal facilities planned, including spaces for rejuvenation and family-friendly amenities, it caters to various customer needs, enhancing its marketability. Furthermore, easy access to local attractions and beautiful landscapes makes this an irresistible proposition. Whether you aim to build a family resort or a holistic retreat, this plot is an exceptional opportunity. If you're looking for a profitable investment in the Algarve, contact us for more details!

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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