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Where can I find investment opportunities for touristic apartments in the Algarve?

Plot in Olhos de Água

ref. VM1988
1.412.628.359¥
  • NA
  • 25.060m2

Explore this exceptional plot in Olhos de Água, Albufeira, which comes with an approved project for touristic apartments, perfect for savvy investors. With the potential for 137 units, this development is designed to cater to health and wellness enthusiasts and families alike, making it an attractive option for those looking to invest in the Algarve market. Located just 4 km from the nearest beach, and a short drive from Faro airport, this investment is positioned ideally for vacation renters seeking relaxation and leisure in one of Portugal's most desirable regions.

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
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