Yes, this 4,690 m² rural holiday development plot near Ferragudo is available to buy for €1,450,000. The proposed project contains 14 rental apartments within two two-storey buildings. The scheme is not yet fully approved, as the rural tourism licence is awaiting final approval and the documentation should be verified by the purchaser. The planned unit mix comprises ten three-bedroom, two two-bedroom and two one-bedroom apartments. Approximately 2,000 m² of construction is envisaged across the development. Buyers would acquire the plot only, with construction costs payable separately. The resort concept includes a swimming pool, bar, front desk, commercial area and recreation room. Laundry facilities and landscaped green areas are also included in the proposed design. An underground car park with lockable storage would provide useful support for the accommodation business. The property information records underground parking for ten vehicles and outdoor parking for 25 vehicles. The site has a partial view of Gramacho golf course, together with countryside views. Golf enthusiasts could reach the nearest course in about 2.5 km. Two highly regarded Algarve golf courses are around five minutes away by car. Ferragudo is approximately five minutes from the plot by car and offers restaurants, shops and a distinctive coastal village atmosphere. The nearest town is 1.4 km away, while the sea lies approximately 1.5 km from the site. The nearest beach is around 2.4 km away, providing an attractive benefit for holiday guests. Tarmac access and mains services are recorded among the property specifications. The project could suit a developer seeking a small Algarve resort, rural tourism business or managed holiday rental investment. Its potential financial performance will depend on the final authorisation, build costs, operating strategy and achieved occupancy rather than being guaranteed. Plans may be adaptable before construction, subject to the relevant authority’s approval. Contact us to confirm availability, review the planning information and schedule a viewing.
• Plot area 4690 m²
• Construction area 2000 m²
• Two floors
• 15 houses
• Rural tourism license awaiting approval
• The price includes the plot only, not the construction costs
• Nearest beach 2.4km
With a partial view of Gramacho golf, this plot of land with 4. 690 m² has a construction project in the context of "Tourism in Rural Areas". The plan is to construct 2 two story buildings comprising of 14 rental units. 10 x 3 bedroom, 2 x 2 bedroom and 2 x 1 bedroom. Front desk, commercial area, swimming pool, bar, laundry, recreation room, green areas and an underground car park with lockable storage areas.
Subject to final approval but has pre-guidance, this will be approved and will be at the time of sale or before. Awaiting documentation.
Ideally located only 5 minutes’ drive from two of the Algarve's best golf courses, good quality restaurants and shops, 5 minutes from the center of the popular fishing town of Ferragudo. Opportunity to change plans before construction.
Amenities
• Underground garage for 10 vehicles
• Outdoor parking for 25 vehicles
• Lockable storage areas
• Option to change plans and add extra rooms
Location
• Distance to the sea – 1.5km
• Nearest town 1.4km
• Nearest beach 2.4km
• Nearest school 1km
• Nearest golf 2.5km
• Distance to airport 66km
