The cost of a plot for tourist apartments near Olhos de Água is €8,150,000, providing an exceptional chance for those wanting to create a destination property in the Algarve. This plot has an approved project envisioning a wellness resort with up to 137 units designed for health and leisure. Situated only 4 km from the nearest beach and conveniently located just a short drive from Faro airport, this area offers everything potential guests might desire.
With its proximity to trendy restaurants, stunning landscapes, and recreational facilities, this investment offers an unbeatable lifestyle appeal. The plot's design prioritizes wellness, with east buildings that incorporate health-focused amenities like a rejuvenation clinic and communal spaces for relaxation.
The project not only promises a tranquil environment for families and individuals but also positions investors for strong rental potential within a high-demand market. Albufeira is well known for its vibrant tourism sector, making this project highly attractive for buyers.
Explore the benefits of investing in this strategic location and learn how the wellness model aligns with contemporary consumer preferences. Don't miss out on this opportunity; contact us today to discover more about this plot and potential next steps!
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
