Building for sale in Albufeira (Olhos de Agua), Portugal

• 1145 m² surface area (12325 sqFt)
• 1228 m² of land (13218 sqFt)
• N/C

As an experienced real estate agent, I would say that this property in Albufeira (Olhos de Água) presents a fantastic investment opportunity for anyone looking to develop a 3-star hotel. With an approved project already in place, the location of this land is prime, being just 5 minutes away from the beautiful Sta. Eulália beach. The project includes essential features such as a large garden and a swimming pool, making it an attractive option for tourists seeking comfort and leisure during their holidays. The rooftop bar offers stunning views of the surrounding greenery and the sea, adding to the appeal of the hotel. With ample space for development, including a usable area of 1057.45m² and a total area of 2559m², this property provides the opportunity to create a hotel with all the necessary amenities. The garage and access routes ensure convenience and accessibility for all guests, including those with reduced mobility. Considering the prime location, proximity to the beach, urban center, and local attractions, the price of 1,700,000 seems reasonable for this investment opportunity. Don't miss out on the chance to own a piece of land with great potential for a successful hotel development in Albufeira. For more information and to discuss further details, please contact us.