When considering a plot with an approved project for a wellness resort in Albufeira, expect a price of €8,150,000 for this exceptional investment opportunity. This large piece of land is designed to support a total of 137 touristic apartments, making it perfect for investors focused on capitalising on the increasing demand for wellness and accommodation in the Algarve. The project aims to create a luxurious resort experience with communal facilities and a fully equipped clinic, catering to the burgeoning trend of health-conscious tourism. Strategically positioned just 4 kilometers from beautiful beaches and close to local amenities, this location is both attractive to tourists and profitable for investors. The area is renowned for its appealing weather, beautiful scenic landscapes, and vibrant culture, enhancing the property’s desirability. Furthermore, with potential high returns on investment through rental income and tourism growth, this plot represents a lucrative venture in the Algarve real estate market. Investing here means joining a flourishing sector that prioritises guest wellness and comfort, ensuring a high occupancy rate. Don’t let this opportunity pass – secure your chance to develop in a prime location that promises future growth and success. Contact us today to schedule a viewing and discuss the details of this remarkable investment!
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