Considering an investment in an aparthotel near Albufeira? This exclusive plot, available for €13,900,000, includes an approved project for a four-star aparthotel in the tourist-friendly area of Olhos de Água. With the plot covering a generous 60,125m² and allowing for the construction of up to 150 units, this location promises excellent rental potential throughout the year. Just 2km from the beach and 3km from golf courses, it offers an enticing lifestyle for guests which will undoubtedly enhance occupancy rates. The Algarve region is known for its sunny climate and beautiful landscapes, making it a prime investment hub. As investors flock to this area, securing this plot now could yield significant returns in the future. With the foundations already laid in terms of project approval, you can skip the hustle of bureaucratic delays and focus on building your dream aparthotel. Don't wait; credible investments like this don't stay on the market for long. Reach out now 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
60.125 m²
● Distance to the nearest beach 2 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project proposing the implantation of a 4 Star aparthotel for touristic use.
The total plot area has 60,125m² with a construction area of 19.800m² plus 4.800m² of basement area.
The approved construction of the buildings permits a maximum of 2 storeys and 150 units.
Location
• Distance to the nearest beach - 2 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
