You can buy a large plot with an approved project for tourist apartments in Olhos de Água, Albufeira. This investment opportunity involves a plot of 25,060 m², ideal for developing a wellness resort that can host up to 137 units. The approved project includes two main areas: one focusing on health and wellness, featuring a fully equipped clinic, and another designed for family-friendly amenities. Just 4 km from the nearest beach, this location allows residents easy access to Algarve's beautiful coastline, making it perfect for attracting tourists. The project promises communal facilities aimed at promoting relaxation and rejuvenation, appealing to both individuals and families. Albufeira is a well-known tourist destination, which enhances the potential for return on investment. Additionally, the plot is located just 32 km from Faro Airport and 3 km from local golf courses, providing excellent transport links and recreational options. With rising interest in wellness tourism, now is the ideal time to invest in this type of development. Contact us now to discuss this exceptional opportunity and 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
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
