Invest in a prime plot with an approved project for an aparthotel in Olhos de Águia, just 2km from the beach. This impressive plot spans 60,125m², allowing for a construction area of 19,800m² and a basement area of 4,800m², making it perfect for developers and investors seeking significant rental potential in a sought-after tourist destination. The approved plan allows for the construction of a 4 Star aparthotel with up to 150 units and two storeys.
Located near Albufeira, this land is strategically positioned only 32km from Faro airport and just a short drive to various golf courses, ensuring it meets the demands of holidaymakers year-round. With tourism booming in the Algarve, any investment in this property promises excellent returns and occupancy rates. The proximity to popular beaches and vibrant local culture enhances its appeal for future guests.
Envision the possibilities of developing a stylish accommodation that attracts visitors seeking the sun and leisure activities. Olhos de Águia is renowned for its stunning coastline and array of amenities, solidifying its place as an ideal spot for tourist accommodation.
Secure your investment today in a region celebrated for its breathtaking views and thriving tourism market. Don’t miss the opportunity to capitalize on this lucrative venture; contact us now to learn more!
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
