This commercial plot for sale in the Algarve comes with an approved development project, making it a prime investment opportunity. It is specifically designed for a wellness resort featuring 137 units, blending luxury with the benefits of healthy living. The location offers convenient access to the nearest beach, just 4 km away, and is situated only 2.5 km from the picturesque town of Olhos de Água. The strategic positioning of this plot ensures that it can effectively tap into the booming wellness tourism market, potentially leading to impressive returns on investment. You won't only acquire land but a fully-legitimised opportunity to realise your business aspirations in one of Europe's most sought-after locations. With nearby amenities and access to Faro airport within a 32 km radius, attracting visitors becomes easier in this idyllic setting. Investors looking for commercial plots that combine development ease with exceptional potential should explore this option. Act fast—such opportunities are rare in this vibrant region!
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
