If you're searching for plots for sale in the Algarve region with approved projects, you need to consider this remarkable opportunity in Olhos de Água. This large plot not only has an approved project for touristic apartments but is also designed for a wellness resort concept featuring 137 potential units. Such projects are increasingly attractive to investors, due to the demand for wellbeing-centred travel experiences.
The approved project allows for immediate commencement of construction, providing a streamlined pathway for buyers eager to invest. Situated merely 4 km from the beach and only 2.5 km from the lively town centre, this location guarantees a captivating backdrop for attracting tourists looking for relaxation and outdoor activities.
Moreover, this plot is strategically located with access to amenities and the Algarve’s stunning natural beauty, promising an appealing lifestyle to future holidaymakers. The investment caters to both families and individuals with significant wellness-focused offerings, including communal facilities and a rejuvenation clinic.
Faro airport is within 32 km, enhancing accessibility for international visitors, whilst golf courses located just 3 km away add to the leisure attractions of this area. The growing trend of wellness tourism further positions this project for success, aligning with consumer preferences for health and relaxation.
This property is currently on the market for €8,150,000, representing excellent value for a prime piece of real estate with development potential in a prestigious locale. Don’t wait to claim this opportunity; get in touch with us to discuss further details of this investment today!
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
