Plot for sale
Albufeira, Algarve, Portugal
£11,908,842 *
[€13,900,000]
Full Description
A property driven by sustainability, nature and community.
The aim is to create a resort for people looking to relax in a natural environment and gather the family every year.
The mission is to create a complex that can withstand downtime with contemporary design and a family-oriented resort approach.
It also aims to turn this development into a beacon for the well-being and rejuvenation of body and soul.
The development has a very privileged location in the Algarve.
The property is located in a very peaceful valley of 320,000 m2, between Albufeira and Vilamoura, but just 5 minutes from the beach and Albufeira city centre.
The present lot 138 is viable for the creation of a 4-star Wellness Resort with 'Assisted Residences' and 'Tourist Residences', divided into two distinct but complementary areas.
The two buildings to the east will focus more on the resort's health and wellness area.
It will have the reception and other common facilities, but it will also have a fully equipped clinic, specializing in rejuvenation.
The two buildings to the west will have a relaxed feel more suited to families.
The west wing will also have access to the wellness and other common facilities.
The present land has a total area of 25,060.10 m², and has the following possibilities:
- implementation area of almost 5,000 m²,
- allowing 12,500 m² of construction area on 3 floors, totaling 28 T0 studios, 7 T1 apartments and 102 T1 / T2 apartments, in a maximum of 137 tourist units and 682 tourist beds. Also a basement of 3,780 m² on 2 floors for 137 parking spaces.
#ref: L276
Read more
