The property for sale in Albufeira featuring an approved project for development is a prime plot located in Olhos de Água. This investment opportunity, available for €8,150,000, includes plans for a wellness resort with up to 137 units tailored for health and relaxation. Positioned just 4 km from the nearest beach, this plot provides easy access to coastal attractions and amenities.
The wellness aspect of the designs promotes a serene lifestyle, with areas dedicated to rejuvenation and health alongside family-friendly accommodations. The approved plans have been carefully crafted to enhance community living while providing visitors with a unique Algarve experience.
Located conveniently close to Olhos de Água and Albufeira city centre, the site benefits from excellent transport links, making it ideal for a tourist-driven venture. With the investment potential for rental returns soaring in the Algarve, this project is perfectly timed to meet traveller demands for wellness experiences amid beautiful surroundings.
Tourism in this region continues to thrive, and properties like this can provide lucrative returns for savvy investors. Don’t miss the chance to secure this plot with approved plans in one of the Algarve's most sought-after locations. Contact us now for more information about this opportunity!
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
