To invest in a 14-apartment rural tourism project near Ferragudo, look no further than this exceptional property priced at €1,450,000. This unique investment encompasses a 4,690 m² plot designed for tourism, featuring two buildings planned to accommodate a total of 14 apartments. The configurations include 10 units dedicated to three bedrooms, ensuring a family-friendly environment, along with two two-bedroom and two one-bedroom apartments.
Located just 2.4 km away from the beautiful beach and 1.4 km from Ferragudo’s lively centre, this site offers lucrative rental opportunities in a popular tourist destination. Notable features are the development’s extensive grounds which plan for a swimming pool, park areas, and an underground garage accommodating 10 vehicles, plus additional outdoor parking.
The project also includes plans for convenient amenities that cater to tourists, including a front desk area and communal facilities. Given the rising popularity of Ferragudo, this project not only promises rental potential but also the chance to modify designs according to investment goals. Don’t miss out on this chance to make a significant investment in a picturesque setting—get in touch with us to learn more!
• 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
