Investing in a rural resort development near Ferragudo has never been more straightforward! This exceptional project includes two buildings housing 14 apartments, tailored for buyers wanting to enter the lucrative tourism market in the Algarve. Situated on a 4,690 m² plot with a planned construction area of 2,000 m², the resort is perfectly positioned just 5 minutes from Ferragudo and near high-quality restaurants and shops. With 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom options, this accommodation plan caters to various customer needs, increasing the potential return on investment. The project's amenities, such as an underground parking garage, commercial area, and swimming pool, are designed to provide an appealing holiday experience. This opportunity is ideal for discerning investors looking to secure their place in a growing tourist area, with the final approval for the rural tourism license anticipated soon. Envision your own brand of hospitality in this serene setting, offering visitors the charm of the countryside while being close to the beach. Make your mark in Ferragudo's luxury tourism scene; contact us now to learn more about this promising investment!
• 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
