If you’re looking for properties with high rental potential near Olhos de Água beach, this approved plot for an aparthotel is an outstanding option. Located only 2 km from the beach, the site is perfectly positioned to attract tourists seeking comfortable and convenient stay options. Given the growing demand for rental accommodations in the Algarve, particularly during peak seasons, this project promises significant returns. With the capacity for 150 units to be developed over an expansive area of 60,125 m², an investment here can provide exceptional rental income throughout the year. The combination of proximity to leisure activities like golf and the beach enhances the appeal, catering to holidaymakers’ desires for both relaxation and recreation. The area's charm and vibrant community draw consistent foot traffic, further establishing the viability of rental properties. Considering the successful track record of aparthotels in the region, this investment could also benefit from being marketed effectively to vacationers. Seize the moment and invest in a property that promises great rental potential. Contact us to discuss this exciting opportunity today!
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
