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Ferragudo
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How can I invest in a resort project near Ferragudo beach?

Plot in Estômbar

ref. LE1315
1.255.243£
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

Investing in a resort project near Ferragudo beach is possible with this attractive rural tourism project currently available. Located just 2.4 km from the nearest beach, the property encompasses plans for two two-storey buildings housing 14 apartments. The project is ideal for those aiming to develop a unique holiday destination, with designs for 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom apartments. Additionally, the site features essential amenities such as an underground car park, green recreational areas, and communal spaces for guests, enhancing the resort experience. Given its location in the Algarve, recognised for its natural beauty and popularity as a tourist hotspot, investing here presents excellent growth potential and the chance to cater to the growing demand for quality tourist accommodation. The area's proximity to renowned golfing destinations and culinary delights adds further appeal for potential visitors. As the tourism license is pending final approval, serious buyers have a unique opportunity to influence the final plans to align with their vision. Seize this moment and reach out today to learn more about this promising investment!

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
Golf View, Countryside View
Building Plots
• 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
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