Invest in a prime plot with an approved project for a 4-star aparthotel located just 2 kilometres from the stunning beaches of Albufeira. This area is highly sought after for its tourism appeal, making it an ideal investment opportunity for developers and investors. With a plot size of 60,125m² and a proposed construction area of 19,800m², there's significant potential for rental income. The approved plan permits the construction of 150 units across two storeys, perfect for accommodating tourists year-round. Additionally, the property is just a short distance from three golf courses, adding to its allure for visitors. The proximity to Olhos de Água and the vibrant nightlife of Albufeira provides a unique lifestyle mix for potential guests. The plot also benefits from accessibility to Faro airport, just 32km away, enhancing its attractiveness. Take advantage of this fantastic investment opportunity for a successful aparthotel venture in the Algarve. Contact us now to learn more about this exceptional offer!
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
