The best location for building tourist accommodation in the Algarve is undoubtedly Olhos de Águia, with a plot available that has an approved plan for an aparthotel. This prime real estate is just 2km from pristine beaches and 3km from exceptional golf courses, aligning perfectly with the needs of discerning tourists. Its strategic location enables easy access to Albufeira's bustling attractions while offering a peaceful retreat.
This plot, covering 60,125m², supports the construction of 150 units across a maximum of two storeys, making it an ideal canvas for a luxury accommodation development. As the Algarve remains a top destination for international tourists, investors will benefit from the strong rental market and continuous demand for high-quality lodging.
Moreover, the landscape is rich with culture, and local amenities are within easy reach, making it a desirable locale for both short-term visitors and longer stays. The potential for stunning views and a relaxing environment adds significant value to this investment.
Don’t miss this chance to secure your place in one of Europe's most attractive tourism areas. Get in touch today to find out more about this incredible opportunity!
Usage
Commercial
Type
Plot
Town
Olhos de Água
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Plot Area
60.125 m²
● Distance to the nearest beach 2 km
● The price includes the plot and the approved project but not the construction of the building
This plot has an approved project proposing the implantation of a 4 Star aparthotel for touristic use.
The total plot area has 60,125m² with a construction area of 19.800m² plus 4.800m² of basement area.
The approved construction of the buildings permits a maximum of 2 storeys and 150 units.
Location
• Distance to the nearest beach - 2 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
