Investing in a plot with an approved wellness project in Olhos de Água presents a lucrative opportunity for developers looking to capitalise on the burgeoning wellness market in the Algarve. Priced at €8,150,000, this exceptional plot allows for the construction of 137 units, tailored to meet the growing demand for health-conscious tourism. With a focus on wellness, the project incorporates both communal facilities and individual living spaces, providing a holistic approach to wellness within an inviting resort environment. Its prime location—just 4 km from the beach and close to golf courses and Faro airport—adds tremendous value. The Algarve is known for its beautiful landscapes, outdoor activities, and mild climate, making it a desirable destination all year round. This is a fantastic chance to realise the dream of developing a wellness-focused property in a market ripe for investment. Reach out today to discover more about this extraordinary 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