Investing in a property for an aparthotel just 2 km from the beach offers myriad benefits, particularly in Olhos de Água. This prime location is surrounded by beautiful beaches, ensuring a steady influx of both domestic and international tourists. The approved project for a 4-star aparthotel on this plot, which spans 60,125 m², includes permissions for constructing up to 150 units. Considering the area’s popularity and growth within the tourism sector, the potential for high rental income and occupancy is remarkable. Moreover, with close proximity to Albufeira’s vibrant lifestyle and activities, guests will be attracted to this ideal spot for their holidays. The investment translates into not just property ownership but also a robust business opportunity in a flourishing market. Don’t hesitate to explore more about this lucrative investment. Contact us today to unlock the full potential of this stunning opportunity!
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
