Investing in a rural tourism development near Ferragudo is an exciting opportunity, especially with this project currently available for purchase. This property features an expansive plot of 4,690 m², with plans for two buildings comprising a total of 14 apartments—10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. With the project in the final stages of approval and a rural tourism license pending, buyers looking to make a profitable investment will find this option highly appealing.
Located just 1.5 km from the sea and only 2.4 km away from the nearest beach, this project is perfectly positioned to attract tourists seeking a relaxing getaway in the Algarve. Additionally, it is a mere five-minute drive to Ferragudo, a charming fishing town with great restaurants and shopping options. The site also enjoys proximity to two of the Algarve's top golf courses, enhancing its attractiveness for leisure tourism.
With an approved construction area of 2,000 m², there's ample space for additional amenities such as a swimming pool, bar, and recreation room, promising high returns on investment. The underground parking for 10 vehicles and additional outdoor spaces accommodating 25 vehicles make it a practical choice for guests. The existing layout allows buyers the option to modify plans before construction begins, providing flexibility based on market demands.
Given that the project awaits final documentation, serious buyers are urged to act swiftly to secure this potential goldmine in rural tourism. Don't miss out on this chance to capitalise on one of the Algarve's most promising locations. Contact us now to schedule a viewing!
• 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
