Seek no further! This plot with an approved project for touristic apartments is located in the desirable area of Olhos de Água. It features plans for 137 units and is perfectly positioned just 2.5 km from the beach, making it ideal for investors aiming to tap into the thriving tourism market. With a selling price of €8,900,000, this plot offers a lucrative opportunity in the Algarve region. Its strategic location allows easy access to beaches and is approximately 32 km from Faro airport, appealing to international visitors. As one of the favourite holiday destinations in Portugal, the demand in this area continues to rise. The project also includes a wellness resort concept with amenities aimed at promoting health and family-friendly activities. The picturesque landscapes and superb climate further enhance the appeal of this project. This is a once-in-a-lifetime opportunity to invest in a promising area set to grow. Act fast and contact us today 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
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
