You can find approved land for touristic apartments in Albufeira at a stunning plot in Olhos de Água, which is part of a significant developmental project. This large plot is currently for sale and comes with the necessary approvals to construct up to 137 units, making it an ideal location for those aiming to invest in the thriving tourism sector. Just a short 7 km from the vibrant city centre of Albufeira and 4 km from beautiful beaches, this property offers both proximity to leisure activities and tranquillity. The development plans remarkably blend wellness facilities with family-oriented amenities, catering to a wide range of potential guests. Owning this property secures an investment in not only the land but also the future of tourism in the Algarve region. With its strategic location, it promises strong rental yields and continuous demand year-round. Don't hesitate to explore this remarkable opportunity—immersing yourself in the rich opportunities awaits. Reach out to us today for further details!
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
