The Algarve Property Specialists
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Early opportunity to purchase a rural tourism project located in Ferragudo

Plot in Estômbar

ref. LG1315
900.000€
  • NA
  • 36
  • 41
  • 4.690m2

Two buildings both with two stories, comprising of 14 apartments consisting of 10 3 bedrooms, 2 two bedrooms and 2 one bedrooms. Basement with underground parking spaces and lockable storage located on the outskirts of Ferragudo.

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Country-side View, Golf View
• Plot area 4690 m²
• Construction area 2000 m²
• Two floors
• 15 houses
• Rural tourism license awaiting approval

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