Land T4 for sale in Albufeira

Albufeira e Olhos de Água
1 500 000 €Sale
id. 120561391-24
2559
4 Bedrooms

Description

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.

Details

Gross Area m²
2559
Total Lot Area m²
2559
Living Area m²
800
Bedrooms
4
Year of Construction
2019
Elevator
No
Parking
Yes
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Living Room
Parking

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value1 500 000
Down Payment
150 00010%
Amortization Period:30 years
Monthly Payment (*)6062,10

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
Land T4 for sale in Albufeira e Olhos de Água - 1 500 000 € | RE/MAX Extra