For those interested in developing aparthotels, Olhos de Água stands out as a prime location with an approved project for a 4-star aparthotel available for investment. Located just a short 2 km from the beach and 3 km from a golf course, this site has a total area of 60,125 m², providing ample opportunity for construction and development. With the ability to build up to 150 units across 2 storeys, this is not only an attractive site but also one that caters to burgeoning tourist demand in the Algarve. The area of Olhos de Água is renowned for its appealing beaches and recreational activities, making it an excellent choice for visitors all year round. Furthermore, with access to Faro airport just 32 km away, this plot stands to benefit from a steady inflow of tourists. If you're looking for chances to invest in Portugal's booming tourism sector, this area offers significant advantages with its strategic location and approved development plans. Make your move now to secure this valuable investment in Olhos de Água! Reach out for further details today!
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
