The cost of investment for a wellness resort development in Olhos de Água is €8,150,000, which includes both the plot and the approved project. This large site offers tremendous potential with plans for 137 units, catering to the growing market for health and wellness tourism. Positioned only 4 km from the beach, the development will attract guests seeking relaxation, sun, and rejuvenation. Within close proximity to Albufeira, the investment benefits from established tourist traffic and recognition. The project balances luxury and well-being, providing future buyers a lucrative opportunity to capitalise on emerging trends in tourism. Facilities designed specifically for health, alongside family-oriented amenities, ensure a diverse visitor base. Additionally, the site sits conveniently between cultural hotspots and recreational activities, further enhancing its appeal. With potential for high ROI from holiday rentals, this investment is poised to create an enticing resort experience in the Algarve. Interested in capitalising on this unique opportunity? Contact us today!
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
