This plot approved for an aparthotel in Olhos de Água is just 2km away from the nearest beach, making it an optimal location for investors seeking to establish a profitable tourist destination. With an expansive total area of 60,125m² and plans for a maximum of 150 units, you are looking at a prime spot in the Algarve. The area is known for its year-round tourism, which enhances its investment potential significantly. Furthermore, the plot gives you immediate access to some of the Algarve's best amenities, including its renowned golf courses located only 3km away. The strategic positioning between Albufeira and Olhos de Água ensures a steady flow of visitors seeking relaxation and entertainment. The approved project encompasses a 4-star aparthotel structure, offering a perfect blend of luxury and comfort. It's an investment that not only promises great returns but also satisfies the growing demand for upscale accommodation in the region. Restaurants, shops, and recreational activities are all within easy reach, making this plot attractive for developers. Whether you're looking to build for personal use or as a rental venture, this opportunity is one to seize. Visuals of the development can give you further insight into its potential. Reach out for documentation and explore the possibilities. Contact us to schedule a viewing and take the first step toward your investment success!
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
