Investing in this plot for touristic apartments near the beach in Olhos de Água is a golden opportunity you shouldn’t overlook. Offered at €8,150,000, this plot comes with an approved project for 137 units designed for a wellness resort, making it a perfect fit for today’s market demand for health-focused tourism. Located just 4 km from the beach, you will appeal to tourists seeking comfort and relaxation, alongside the beautiful Algarve weather. The well-planned layout caters to both families and health enthusiasts, ensuring diverse clientele throughout the year. Additionally, with proximity to Faro Airport (32 km away) and local amenities just moments away, the location is both convenient and inviting. The rising trend in health and wellness living means investing here can yield significant financial rewards through rentals or sales of high-demand apartments. This area is also renowned for golf courses and natural landscapes, enhancing the living experience. By choosing to invest in a touristic plot like this, you align yourself with a booming sector of the real estate market. Don’t miss out on this investment—reach out today for more details!
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