The asking price for this prime plot in Olhos de Água, which includes an approved wellness resort project, is €8,150,000. This investment not only covers the land but offers immediate potential with planning permissions already in place for a total of 137 units. Considering its strategic location just 32 km from Faro airport and 4 km from the beach, this plot represents a unique opportunity for buyers looking to tap into the lucrative holiday rental market in the Algarve. Don't miss your chance to secure this investment; contact us today to learn more!
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
