The pricing for this exceptional plot designated for touristic apartments in Albufeira is set at €8,150,000. This plot comes with a fully approved project for a wellness resort, offering incredible potential for smart investors. The site is strategically located in Olhos de Água, just 4 km from the beach and only 2.5 km from the vibrant town centre.
With the project’s focus on health and wellness, prospective buyers can expect lucrative returns, especially given the rising trend in wellness tourism. Designed for up to 137 units, this plot provides ample space for the construction of facilities that are sure to attract health-oriented guests.
The area’s convenient proximity to Faro airport (32 km away) and golf courses (3 km) makes it highly desirable for tourists and enhances its marketability. The eco-friendly design parameters that accompany this project promise an increasing appeal to an environmentally conscious consumer base.
This investment also harnesses the stunning natural landscape of the Algarve, making it an appealing destination year-round. The approved project includes essential communal facilities alongside a rejuvenation clinic, positioning this property to meet the needs of a diverse clientele seeking both adventure and relaxation.
The pricing reflects not just the land but also the invaluable potential of the approved development project, ensuring that this is a prudent investment in a competitive market. Take advantage of this unique opportunity to secure a key piece of real estate in one of Portugal's most cherished regions. Contact us to find out more and discuss how this investment can shape your future!
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
