The cost of land with an approved project for touristic apartments in Albufeira is €8,150,000. This significant investment grants you not only the impressive plot but also an established project designed for a wellness resort with space for 137 units, making it a prime opportunity for serious buyers. Located 4 km from the beach and only 7 km from Albufeira, this property is strategically positioned to attract both families and health-conscious individuals looking for vacation rentals. The approved design includes multiple communal facilities, enhancing the appeal of the resort environment. This land is ideal for developers aiming to create a unique retreat where guests can enjoy both relaxation and health-focused activities in the sunny Algarve region. Moreover, proximity to golf courses and nature parks adds to the potential resale value and appeal for future buyers. With investment into wellness tourism on the rise, now is a great time to secure your stake in this market. Don’t miss this chance to make a transformative investment in the Algarve’s promising real estate sector. For more details or to schedule a viewing, get in touch with us!
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
