If you are looking to buy a prime plot for an aparthotel near Olhos de Água, this is the perfect opportunity. Located just 2 km from the beach, this plot not only offers great proximity to tourist attractions but also comes with an approved project for a 4-star aparthotel. With a total plot area of 60,125 m² and a construction area of 19,800 m², this investment is designed to attract visitors all year round. The approved plans allow for a maximum of 2 storeys and a total of 150 units, making it ideal for ambitious developers seeking profitable ventures in the Algarve. With Albufeira just 7 km away and easy access to major amenities, this location ensures a steady flow of tourists and potential customers. Plus, being only 3 km from a popular golf course is an added bonus for attracting diverse guests. This is an exceptional chance to own property in a highly sought-after tourist region. Suitable for investors looking to establish or expand their portfolio, the return on investment can be substantial, given the area's popularity. Don’t miss out on this fantastic opportunity. Contact us now to learn more about how you can make this plot yours!
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