Investing in a plot with an approved aparthotel project in Albufeira is an outstanding opportunity. This prime property, located just 2 km from stunning beaches and 3 km from excellent golf courses, is ideal for serious buyers looking to capitalise on the Algarve's thriving tourism market. The plot, spanning 60,125 m², includes an approved project for a 4-star aparthotel, allowing for 150 units across two storeys, setting the stage for a lucrative investment. With tourism booming year-round in this region, this venture promises significant rental potential for the discerning investor. Nearby amenities and attractions enhance the desirability of this location, ensuring steady demand. Additionally, its proximity to both Albufeira and Olhos de Água adds to its allure, providing easy access to vibrant local culture and leisure options. This investment not only ensures a prime location but also a promising return on investment with the approved construction project. Embrace this chance to expand your portfolio in one of Europe’s most sought-after destinations. Don’t miss out on making this profitable project yours. Contact us today to discover more about this exciting opportunity!
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
