Investing in a plot for an aparthotel near Olhos de Água is a fantastic opportunity. This property is just 2km from the nearest beach, making it a prime location for tourism-driven projects. With a total area of 60,125m² and an approved project for a 4-star aparthotel, the potential for high returns on investment is substantial. Being close to Albufeira, which is known for its vibrant tourism scene, enhances the appeal of this plot. The project allows for the construction of 150 units across two storeys, catering to a significant number of guests. Additionally, the site is only 3km from the nearest golf course, making it an attractive draw for affluent tourists. The area is well-connected, with Faro airport just 32km away, further ensuring accessibility for international visitors. With a thriving year-round tourism market, this plot is ideal for buyers looking to establish a profitable business in the Algarve. Don't miss the chance to acquire this premium site! Contact us for more information or to schedule a viewing.
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
