Areas around Olhos de Água that are popular for building tourist accommodations include the vibrant town itself, renowned for its accessibility to stunning beaches and amenities. This plot for sale with an approved project for an aparthotel offers prized access to the best of the Algarve's tourist attractions. Located just 2km from the nearest beach and only 7km from Albufeira, this plot is strategically placed in one of the region's most sought-after locations. Developers can benefit from the thriving tourist market and year-round demand for accommodation in this region. The surrounding area offers numerous local attractions and recreational facilities, including a golf course located just 3km away. The investment provides a unique opportunity to join the booming tourism sector in this idyllic region of Portugal. With a total area of 60,125m², and an approved project permitting 150 units, this property can accommodate a significant number of guests. Now is the time to explore this opportunity! Contact us for more information!
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
