Investing in a rural tourism project in Ferragudo can offer exciting opportunities, especially with a plot that is already in its final stages of approval. This project comprises two two-storey buildings featuring 14 apartments, including 10 x 3-bedroom units, which provide ample space for guests seeking a tranquil getaway. The property is available for sale at €1,450,000 and is strategically located just 2.4km from the nearest beach, making it ideal for attracting tourists.
With 4,690 m² of plot area, there’s considerable room for development, complemented by a basement with underground parking and storage options. The project encompasses a diverse range of amenities, such as a swimming pool, a commercial area, and green spaces, catering directly to the demands of the rural tourism market. Ferragudo is known for its stunning coastline and picturesque village charm, which could significantly boost the investment's appeal.
Moreover, it is an opportunity to create a unique resort that stands out in the Algarve region, known for its rich culture and beautiful landscapes. Proximity to renowned golf courses and excellent restaurants adds further value, enhancing both visitor experience and rental income potential. This offering is perfect for buyers looking to tap into the highly lucrative rural tourism sector.
Contact us now to discuss this investment opportunity further!
• 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
