Investing in a large plot for touristic apartments in the Algarve region is an outstanding opportunity, especially with this specific offering in Olhos de Água priced at €8,150,000. This plot comes with approved plans for a wellness resort, allowing for the development of up to 137 units aimed at health-conscious tourists. The approved project has been strategically designed to foster a community atmosphere while promoting relaxation and well-being.
The location is advantageous, just 4 km from the beach and 2.5 km from local attractions in Olhos de Água. With Faro airport only 32 km away and various golf courses within 3 km, this area is poised for continuous demand from tourists and families seeking leisure and activities. The wellness theme enhances the property's appeal, positioning it as a unique destination that aligns perfectly with current travel trends focused on wellness.
Incorporating features like a rejuvenation clinic and ample communal spaces caters to a growing sector of health-oriented travellers, ensuring a potentially high return on investment. The Algarve remains a top holiday destination in Europe, making this investment not only viable but essential for those looking to tap into its lucrative tourism market.
Don't miss this chance to shape an exciting project in the renowned Algarve. Reach out today to discuss this property further and how it can fit into your investment portfolio. Contact us for more information!
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
