Yes, this proposed 14-unit countryside hospitality scheme close to Ferragudo is available to purchase for €1,450,000. The sale includes a 4,690 m² plot in Estômbar, while construction costs are not included. The project is designed for rural tourism and is in the final stages of approval. Two two-storey buildings are planned for the accommodation. The proposed mix comprises ten three-bedroom apartments, two two-bedroom apartments and two one-bedroom apartments. This range provides flexibility for family holidays, couples’ breaks and group bookings. A front desk is included in the concept for check-in and guest services. Visitors are also intended to benefit from a commercial area, swimming pool and bar. Laundry and recreation facilities would support a self-contained hospitality operation. Green areas are planned to enhance the countryside setting and guest experience. The proposal includes an underground car park with lockable storage areas. Underground parking is listed for ten vehicles, with a further 25 outdoor spaces. The plot has partial Gramacho golf views and is close to two Algarve golf courses. Ferragudo’s centre can be reached in approximately five minutes by car. Restaurants and shops are nearby, making the scheme convenient for guests and operators. The nearest beach is around 2.4 km away, and the sea is approximately 1.5 km from the site. A school is listed at roughly 1 km, while the nearest town is about 1.4 km away. The rural tourism licence remains subject to final approval, and supporting documentation is being awaited. The plans may be changed before construction, subject to the necessary permissions and technical review. The development could offer rental and hospitality potential, but projected ROI should be assessed against build costs, financing, management and seasonal demand. Contact us today to request the project information and discuss purchasing this Algarve tourism opportunity.
• 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
