You can invest in a wellness resort with approved plans located in Olhos de Água - Albufeira, which offers a prime opportunity for buyers looking to develop a unique property. This large plot comes with an approved project allowing for up to 137 units, focusing on health and wellness. The project is designed to provide both communal facilities and private accommodations, making it suitable for individuals and families eager to embrace the Algarve's natural beauty and sunny climate.
This investment property is approximately 4 km from the nearest beach and 2.5 km from Olhos de Água. With Faro airport just 32 km away and golf courses within 3 km, the location ensures convenience for future guests. The plot is ideal for a wellness-focused community, featuring and rejuvenation clinic as well as relaxing family-oriented buildings with access to shared amenities.
Potential buyers can expect a significant return on investment, given the area's demand for tourist accommodations. Furthermore, the wellness resort concept aligns perfectly with current travel trends, catering to visitors seeking health and relaxation experiences.
This property is available for €8,150,000, a competitive price considering its active status and the approved development plans. Reach out to learn more about this unique opportunity and discuss your plans for investing in this wellness haven. Contact us now 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
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