This plot available for sale in the Algarve offers remarkable potential for the development of 137 units. Priced at €8,150,000, it includes an approved project aligning with current market trends for wellness resorts. Located 4 km from the beach and just 7 km from the bustling town of Albufeira, this plot is strategically situated to draw in the growing number of visitors seeking relaxation and health-oriented getaways. The project is thoughtfully divided into two main areas; the east focusing on wellness features, including a fully equipped clinic, and the west providing family-oriented accommodations with access to ample communal facilities. Given the appeal of the Algarve's climate and natural beauty, this plot presents an ideal opportunity for buyers looking to capitalize on the burgeoning health tourism sector. With local amenities and major attractions within easy reach, investors can expect significant returns on their investments. This is your chance to become a pivotal part of a vibrant tourism sector that's on the rise. Interested in learning more? Reach out to us today to schedule a viewing and discuss your investment plans!
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