For buyers seeking properties for sale near beaches and golf courses, the plot in Olhos de Água is a compelling option. Just 2 km from the nearest beach and 3 km from a popular golf course, this land presents an excellent opportunity for developing a lucrative aparthotel. Not only does this location enhance its attractiveness for tourism, but it ensures easy access for guests. The approved project for a 4-star aparthotel allows for 150 units across 2 storeys and spans a total area of 60,125 m². This prime investment becomes even more enticing with the Algarve's year-round tourism, presenting strong rental prospects. Moreover, its proximity to local amenities further enhances buyer interest. For those interested in capitalising on the Algarve's property market, this plot represents a rare opportunity. Properties with such strategic positioning and development potential are hard to find. Don’t hesitate to seize this chance; contact us today to learn more!
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
