You can find this fantastic approved land for tourist apartments in Olhos de Água, Albufeira, ideal for your investment project. This large plot spans 25,060 sqm and includes a pre-approved project for up to 137 units, ensuring a profitable development in one of Portugal's most desirable regions.
The location, just 4 km from the beach and a short drive from Albufeira, is perfect for attracting holidaymakers looking for a memorable experience in the Algarve. The tourism sector is robust, and the area's potential for rental income is significant, making this plot a wise choice for investors.
The approved wellness resort aims to combine health facilities with family-friendly amenities, ensuring diverse options for prospective guests. The project comprises two main buildings focused on wellness and relaxation, complete with communal facilities that enhance the overall experience.
Easily accessible from Faro airport (32 km away), the site is strategically positioned to benefit from tourism traffic all year round. This property represents a golden opportunity for buyers seeking to capitalise on the booming tourist market in the Algarve. Seize this remarkable chance to invest in a thriving tourist destination where you can design an exceptional living experience! Contact us for more information!
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
