Consider investing in this plot for an aparthotel located just 2km from the beach in Olhos de Águia, where the potential for business and tourism is immense. This exceptional piece of land spans 60,125m² and includes an approved project for constructing a 4 Star aparthotel with 150 units, catering to the ever-growing demand for high-quality tourist accommodation in the Algarve.
Being so close to the coast means you will attract numerous visitors seeking sun and relaxation, ensuring high occupancy rates and attractive returns on investment. Furthermore, the nearby attractions, including golf courses and vibrant local culture, enhance its desirability among tourists.
This plot allows for significant development opportunities, ensuring your aparthotel stands out in a competitive market. With approval in place, you can move forward with confidence, knowing that your investment aligns with the region's tourism growth.
Make the most of this opportunity to capitalise on a hot market and create a thriving business that could significantly enhance your portfolio. Contact us today to discuss this fantastic investment and arrange a viewing!
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
