Explore the potential of a fantastic plot for sale in Olhos de Água with an approved project aimed at constructing a 4-star aparthotel. Spanning an impressive 60,125m², this commercial plot is ready for development, offering a maximum built area of 19,800m². With the strategic advantage of being just 2km from beautiful beaches and 3km from golf courses, this property is a rare find in the Algarve region. The approval allows for the construction of up to 150 units over two storeys, catering perfectly to the tourist market in this popular area. Investors looking to tap into the lucrative hospitality sector will appreciate the significance of this opportunity. The plot is also conveniently located near the vibrant experiences in Albufeira and the serene atmosphere of Olhos de Água. Make a smart investment today that promises lucrative returns in the long term. Contact us now for further details on this remarkable offer!
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
