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1 500 000 €
Land in Albufeira e Olhos de Água, AlbufeiraAlbufeira, Faro
Land in Albufeira e Olhos de Água with parking
2 559 m²
Energy efficiency
Land for sale
Plot with Approved Plans for a 3-Star Hotel in Albufeira | Excellent Investment Opportunity in the Algarve We present a rare investment opportunity in the heart of the Algarve: a 2,559 m² plot comprising both urban and rural land, including an existing 136 m² villa, and approved plans with a paid-up planning permission for the construction of a 3-star hotel. Situated in a prime location in Albufeira, in an area that is almost entirely developed, surrounded by high-quality villas, hotels and peaceful green spaces, this project has all the ingredients for a successful tourism development. Approved Project – 3-Star Boutique Hotel The project involves the construction of a modern, elegant and highly functional hotel, comprising: • 17 exclusive suites • Modern reception and carefully designed communal areas • Technical space for laundry and support areas • Garage and private parking • Access adapted for people with reduced mobility • Swimming pool set within a large landscaped garden • Panoramic rooftop bar, ideal for providing unique experiences for • guests, with views of the sea and the surrounding countryside With approximately 1,057.45 m² of projected floor area, the development has been designed to offer comfort, sophistication and high profitability in one of Europe’s strongest tourist markets. Strategic Location Just: • 2 km from the beaches of Santa Eulália, Oura and Olhos de Água • 10 minutes from the centre of Albufeira • Close to shops, restaurants, bars and amenities • Transport links on the doorstep and excellent access The surrounding area combines tranquillity, nature and proximity to the sea – factors increasingly valued by the premium tourism market. Appreciation Potential The plot also includes a rural section pending a change to the Local Development Plan, adding potential for future appreciation to the investment. Points of interest and approximate distances: • Albufeira Health Centre – 6 km • Lusíadas Hospital, Albufeira – 4 km • Algarvet Veterinary Clinic – 1.5 km • Olhos d’Água Pharmacy – 2.5 km • Schools – 5 km • Olhos d’Água Nursery School – 2.5 km • Banks – 3.5 km • Ferreiras Railway Station – 6 km • Albufeira Coach Station – 5 km • Flixbus Albufeira – 5 km • Gago Coutinho International Airport in Faro – 35 km • Aquashow – 18 km • Krazyworld – 18 km • Zoomarine – 14 km • Algarve Shopping – 11 km • Falésia Beach – 9 km • Praia da Rocha – 43 km If you are looking to develop a unique tourism project in one of the most sought-after areas of the Algarve, this is an opportunity with enormous potential for return. We have all the project documentation and information available for presentation. Please get in touch for further information or book your visit now. ;ID RE/MAX: 120561391-24
Details
Construction Year2019
Gross Area m²- -
ElevatorNo
Private Gross Area m²2 559
Living Area m²800
GarageYes
Total Lot Size m²2 559
Price m²586 €
Floor- -
Location
Attributes
Garage
Rooms
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Nearby listings
Additional link:https://remax.pt/120561391-24
Origin Listing reference:id. 120561391-24
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Last Update: