Your Property Specialists
Email Address Share
Development Development Development Development Project Project
Project
Full Screen
Open Gallery
  1. Home
  2. Properties

What is the cost of a plot with an approved project for touristic apartments in Algarve?

Plot in Olhos de Água

ref. VM1988
10.483.381$
  • NA
  • 25.060m2
Photo Gallery Location Map Brochure Enquire Now

The cost of this premium plot in the Algarve, with an approved project for touristic apartments, is €8,900,000. Situated approximately 4 km from the nearest beach, the area is perfect for a wellness retreat, offering sunny skies and a serene environment. The project allows for a total of 137 units, strategically designed with amenities that foster health and relaxation, making it an attractive proposition for buyers seeking investment in touristic developments.

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
Enquire Now   +