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Where can I buy a plot approved for touristic apartments in Olhos de Água?

Plot in Olhos de Água

ref. VM1988
8.900.000€
  • NA
  • 25.060m2

If you're looking to invest in a plot approved for touristic apartments, this property in Olhos de Água is an exceptional opportunity. The plot is situated just 4 km from the nearest beautiful beach and features an approved project for a wellness resort with potential for 137 units. Ideal for those seeking to construct holiday accommodations, this plot has been specifically designed for individuals or families wanting to embrace the sunny Algarve lifestyle.

The expansive 25,060 square meters allows for creative development while providing communal facilities that focus on health and wellness. From relaxing retreats to rejuvenating wellness experiences, this project aims to cater to a diverse clientele. With a distance of only 2.5 km to the charming village of Olhos de Água and 7 km to Albufeira, it enjoys proximity to local attractions and amenities.

Investors can expect significant returns on their investment, making this plot a lucrative option in a highly sought-after area. The proximity to Faro airport, only 32 km away, adds to its appeal for international visitors. Additionally, there is ample opportunity for outdoor activities with golf courses and nature trails nearby.

This is a rare chance to buy land in a region where tourism continues to thrive. Ready to take the next step? Contact us today to learn more about this unique opportunity.

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
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