The cost of the approved plot for 137 units in Albufeira is €8,150,000. This investment opportunity features a large plot designed for a wellness resort that includes communal facilities, making it ideal for families and individuals seeking a healthy lifestyle in the Algarve. With a prime location just 4 km from the nearest beach, this plot is perfect for buyers eager to create a vacation destination that caters to health and well-being. The project approval is already in place, meaning you can start development immediately. The property allows for the construction of two buildings focused on wellness, complete with a fully equipped clinic specialising in rejuvenation. Additionally, the two west buildings are designed with a family-friendly atmosphere, ensuring access to all wellness facilities. Investors can benefit from the high demand for wellness tourism in the Algarve, enhancing potential rental income. The plot’s strategic location between Albufeira and Olhos de Água ensures easy access to seaside attractions, golf courses, and local amenities. With Faro airport just 32 km away, this location provides convenience for international visitors as well. Considering the current property market in the region, securing this plot presents a lucrative investment for future returns. Don’t miss out on this exceptional opportunity—contact us now to learn more about the project!
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
