Discover an incredible investment opportunity with this large plot in Olhos de Água, Albufeira, specifically designed for touristic apartments. This prime property comes with an approved project for a wellness resort, ideally suited for developers looking to create a dynamic living space with 137 units. With communal facilities designed to promote healthy living, this plot is positioned 4 km from the nearest beach, making it highly attractive for potential buyers and tourists alike. Perfect for buyers looking to tap into the booming Algarve market, this plot has a generous area of 25,060 m².
Located just 2.5 km from Olhos de Água and 7 km from Albufeira, you’ll be within easy reach of favourable amenities and vibrant tourist hotspots. Envision a serene wellness resort with facilities that underline health and rejuvenation, featuring a clinic and reception area. The project is designed with both families and individuals in mind, providing flexibility for diverse holiday experiences.
Investors will appreciate the substantial growth potential in this region, enhancing your return on investment through strong rental yields. This location is a mere 32 km from Faro Airport and only 3 km from golf courses, adding to the property’s desirability.
Don’t miss the chance to own a prime piece of the Algarve. Contact us now to explore this amazing opportunity!
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
