If you're searching for a prime plot for an aparthotel in Olhos de Água, this property is a fantastic opportunity. Located just 2km from the nearest beach and 3km from a golf course, this plot comes with an approved project for the construction of a 4-star aparthotel. Spanning 60,125m², it allows for a substantial investment in an area known for its year-round tourism appeal. With the potential to build 150 units across two storeys, this site is perfect for developers looking to tap into the Algarve's booming rental market. Moreover, the strategic location is only 7km from Albufeira and 32km from Faro airport, ensuring great connectivity for guests. Olhos de Água is a sought-after destination that attracts thousands of visitors every year, making this plot an attractive investment for any serious buyer. The approved project means you won’t face the lengthy process of acquiring building permits—allowing for quicker realisation of profits. Don’t miss out on this unique opportunity to invest in a flourishing tourist area. Contact us today to learn more about this exciting project!
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
