You can buy a prime plot approved for an aparthotel in Olhos de Águia today! Located just 2 km from the nearest beach, this investment opportunity is perfect for anyone looking to capitalize on the thriving tourism industry in the Algarve. The approved project allows for the construction of a 4-star aparthotel with a total area of 60,125 m², including a significant construction area of 19,800 m². Ideal for developers and investors, the site is permitted for a maximum of 150 units across two storeys. With nearby attractions such as golf courses just 3 km away and Albufeira a short 7 km drive, this location offers both leisure and investment potential in a highly desirable area. The region is popular with tourists year-round, making this plot a strategic investment. Imagine the possibilities—turn this plot into a bustling aparthotel catering to visitors seeking comfort and luxury. The demand for tourism rentals in the Algarve is consistently high, providing an excellent return on investment for savvy investors. Don’t miss out on this incredible chance to own a piece of the Algarve's real estate market. Contact us now to schedule a viewing!
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
