This remarkable investment opportunity located in Albufeira features a large plot with an approved project for a wellness resort, currently available for sale at €8,150,000. Designed with the intention of constructing 137 touristic apartments, this development aligns perfectly with the needs of investors seeking lucrative properties in one of Portugal’s hottest tourist destinations. With a focus on wellness, the development includes essential communal facilities and a fully equipped clinic, appealing to both health-conscious guests and families. This ambitious project is strategically located just 4 kilometers from the nearest beach, 32 kilometers from Faro airport, and only 2.5 kilometers from the charming village of Olhos de Água. The generous plot size and approved construction project make it a compelling choice for serious investors looking to enter the Algarve market. The area is renowned for its stunning coastal scenery, rich culture, and year-round tourism, promising significant rental potential and a desirable return on investment. By becoming part of this vibrant region, you can offer guests a retreat that combines luxury living with wellness choices. Seize this opportunity to invest in a future wellness retreat that attracts holidaymakers from around the world. Contact us today to learn more about this exciting project and secure your chance to invest in the Algarve!
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
