Investing in this plot with an approved project for 137 units in Albufeira offers an array of enticing advantages, making it a prime opportunity in the thriving Algarve market. The total investment cost is €8,900,000, which secures not just the large plot but the potential to create a wellness resort tailored for tourists looking for relaxation and rejuvenation. The plot is strategically located just 4 km from the nearest beach, ensuring high demand throughout the year.
The approved project is designed to incorporate communal facilities that focus on health and wellness, setting it apart from traditional tourist offerings. This innovative approach is particularly appealing to today’s health-conscious consumer, positioning the resort as a trendsetter in vacation experiences. The location is also incredibly convenient, being 2.5 km from Olhos de Água and 7 km from Albufeira, making it accessible for both tourists and local visitors.
Furthermore, this investment stands to provide excellent returns, given the growing demand for holiday accommodations in the Algarve region. The wellness tourism market is on the rise, and this project is strategically designed to harness that potential. With the additional benefit of proximity to golf courses and Faro airport (32 km away), your audience is guaranteed to appreciate the convenience.
Don’t miss this unique investment opportunity. Contact us now for a detailed consultation and to learn more about taking the next step!
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
