If you're searching for large plots for development near the Algarve coast, look no further than this remarkable 25,060 square metre plot in Albufeira, available for €8,900,000. This property comes with an approved project for a wellness resort featuring up to 137 units, making it an ideal investment for developers looking to create a high-demand holiday destination.
Located just 4 km from beautiful beaches and 32 km from Faro airport, this plot boasts prime positioning that attracts tourists seeking leisure and health modifications. Additionally, it's only 2.5 km from Olhos de Água, providing easy access to local amenities and attractions.
The dual-facility design caters to both relaxation and wellness, with plans for family-oriented units in the west wing and health-focused buildings on the east side. This investment offers excellent rental potential and the opportunity for a sustainable project that enhances community well-being.
Secure your future developments in the Algarve region, renowned for its picturesque landscapes and vibrant culture. Reach out to us to explore how to make this investment your own!
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
