Look no further, as this large investment plot is available for sale in Olhos de Água, Algarve, just 4 kilometres from the beach. Selling for €8,150,000, this plot comes with an approved project for 137 touristic apartments designed as a wellness resort, ideal for both individual consumers and families looking for a serene getaway. The investment opportunity encompasses a generous 25,060 square metres, providing ample space for development with community-focused amenities that foster a healthy lifestyle. Its advantages include proximity to essential services and leisure activities, alongside the region's stunning natural beauty and cultural attractions. With nearby golf courses at just 3 kilometres and the Algarvean coastline enticing visitors year-round, this area continues to attract tourists and residents alike. The flexibility to incorporate health facilities and recreational areas within the project adds to the value of this acquisition. Stake your claim in one of Portugal's most desirable locations ahead of the upcoming tourist season. This plot offers significant potential returns, making it perfect for savvy investors. Don't miss the chance to establish a thriving resort in one of the most beautiful regions of Europe. Contact us to discuss this unique opportunity further!
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
