The Algarve is home to numerous prime locations perfectly positioned for developing holiday resorts, with Olhos de Água standing out as an exceptional choice. This large plot available in Olhos de Água features an approved project for a wellness resort, with a potential yield of 137 units designed to cater to tourists seeking a relaxing stay. The strategic location, only 4 km from beautiful beaches and 2.5 km from the vibrant area of Olhos de Água, ensures a steady stream of potential clientele.
With a plot size of 25,060 m² and a cost of €8,900,000, this investment not only includes the plot but also a project aimed at establishing a serene wellness experience that aligns with the region’s tourism trends. The project promises communal facilities that focus on health and wellness, differentiating it from typical holiday resorts.
In addition to Olhos de Água, other top spots for resort developments include Albufeira, known for its stunning beaches and vibrant nightlife, and areas close to golf courses for golf tourism appeal. These locations are ideal for investors interested in sustainable growth within the hospitality sector.
Explore this opportunity further by contacting us today. Let’s discuss how you can tap into the thriving Algarve market!
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
