Investing in a plot for an aparthotel in Albufeira, particularly in Olhos de Água, is a strategic choice for savvy investors. This pristine plot is available for €13,900,000 and includes an approved project for constructing a 4-star aparthotel. The prime location just 2 km from the beach and 3 km from golf courses makes it highly attractive to tourists year-round. With a total area of 60,125 m², and the potential for 150 units, developers can seize the booming demand in the hospitality sector. Albufeira’s popularity as a holiday destination continues to grow, ensuring a solid rental income opportunity for the units. Moreover, the area's accessibility to local amenities and Faro airport significantly increases its appeal. Investments in the Algarve region have shown steady appreciation, providing not only immediate profits but long-term wealth growth. By acquiring this plot, investors position themselves to tap into the thriving tourism market effectively. Don’t miss the chance to make a lucrative investment in this flourishing region—contact us today to learn more!
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
