You can buy a large plot for touristic apartments in the scenic Albufeira region, specifically in Olhos de Água with an asking price of £8,150,000. This property comes with approved plans for 137 units, making it a rare opportunity for serious investors looking to tap into the booming tourist market. The plot is set just 2.5 km from Olhos de Água and offers a strategic location equipped with communal facilities to cater to wellness tourism. This investment is not just about the plot; it's about becoming part of a growing community that embraces healthy and active living, supported by the beautiful Algarve climate. Potential buyers will benefit from the proximity to local amenities, golf courses, and splendid beaches, only a short drive away. Investing here means securing a valuable asset in one of Portugal’s most desirable tourist destinations. Explore this unparalleled opportunity today and make your investment dreams a reality!
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
