Investing in a property with potential for a small resort near the Algarve beaches is highly achievable with this rural tourism project in Ferragudo. Located just 2.4 km from the nearest beach, this project comprises two two-storey buildings featuring 14 apartments, perfect for buyers seeking to capitalise on the growing tourism sector. The project is in the final stages of approval and offers a great opportunity to develop a picturesque resort that can attract holidaymakers year-round.
Spanning a plot area of 4,690 square metres, the project includes a mix of rental units – 10 x 3-bedroom, 2 x 2-bedroom, and 2 x 1-bedroom apartments, designed to accommodate various guest needs. Additionally, the site comes with an underground car park, lockable storage areas, and a communal pool, ensuring an appealing offering for potential guests. Just a 5-minute drive from Ferragudo's vibrant town centre, this location offers convenient access to local shops, restaurants, and leisure activities.
Furthermore, its proximity to two of the best golf courses in the Algarve enhances its attractiveness as a tourist destination. The property is designed under the 'Tourism in Rural Areas' plan, which aligns with current market trends, ensuring compliance and sustainability. Suitable for developers looking to make a secure investment, this project allows room for flexibility in design, with options to enhance the original plans.
Offering excellent potential for returns on investment, this rural tourism project is eagerly awaiting its final documentation and approval. Don’t miss the chance to become a vital part of Ferragudo's flourishing accommodation market. Contact us today to explore this opportunity before it’s gone!
• 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
