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Why invest in a tourist apartment project near the beach in Portugal?

Plot in Olhos de Água

ref. VM1988
1.392.590.965¥
  • NA
  • 25.060m2

Investing in a tourist apartment project near the beach in Portugal is a lucrative opportunity, especially with this approved wellness resort plot in Albufeira. At €8,150,000, the plot allows for the development of up to 137 units, ideally suited to cater for both health-focused travellers and families. Located just 4 km from stunning beaches, the site is strategically positioned to attract a high influx of visitors year-round.

The project’s design emphasizes wellness, featuring two distinct building areas—one dedicated to rejuvenating retreats and the other promoting a family-friendly environment. This strategic design not only diversifies your target market but also elevates the property’s appeal in an increasingly competitive tourism sector.

The Algarve is one of Portugal's prime tourist locations, known for its beautiful landscapes and vibrant coastal lifestyle, ensuring a steady flow of visitors. Additionally, the proximity to Faro airport (32 km away) allows easy access for international tourists, boosting your venture's profitability.

With the growing trend of wellness tourism on the rise, this land is an exceptional investment opportunity. Potential investors can leverage the property’s design and location to create a unique offering that meets modern consumers' demands for wellness and relaxation.

The extensive amenities and services available nearby—ranging from restaurants to golf courses—further enhance this investment's allure. Seize the moment and explore this promising project as a means to diversify your property portfolio! Contact us for more information and to discuss this remarkable 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
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