There are remarkable plots for commercial development available in the Algarve region, particularly in Olhos de Água. Presently, a prime land plot measuring 60,125m² is on offer, complete with an approved project for a 4 Star aparthotel. This land is ideal for buyers interested in capitalising on the booming tourist market in this renowned region.
Situated just 2km from the beach and within close proximity to a golf course, this property holds significant potential for a tourist-friendly development. Developers can create a hospitality experience that caters to both vacationers and golf enthusiasts, enhancing rental prospects.
The approved construction allows for up to 150 units, which provides ample opportunities for creating distinctive accommodations that meet diverse guest needs. Given the region’s consistent visitor influx, this land represents a wise investment in an area where commercial tourism is thriving.
The strategic location not only offers easy access to stunning landscapes but also connections to local hotspots such as Albufeira, increasing the site’s attractiveness. If you’re considering an investment in commercial development in the Algarve region, this plot is an unparalleled opportunity.
Take the next steps towards building your vision and explore this prime land for sale. Contact us for further details and to schedule a viewing!
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
