Investing in a rural tourism project near Ferragudo has never been easier with this early opportunity. This project is in the final stages of approval and features two buildings with 14 apartments, making it ideal for buyers looking to tap into the growing tourism market in the Algarve. The property includes ten 3-bedroom units, two 2-bedroom units, and two 1-bedroom units, which provide a versatile option for tourists seeking accommodation in the area.
The development is situated just 2.4 km from the nearest beach and is a short drive from the vibrant centre of Ferragudo. The nearby amenities include top-quality restaurants, shops, and two of the Algarve's best golf courses, enhancing its appeal for tourists and potential investors. Additionally, there will be facilities such as a swimming pool, bar, and underground parking spaces, ensuring a comprehensive resort experience.
With a plot area of 4690 m² and a construction area of 2000 m², investors have an opportunity to shape this project further before construction begins. The rural tourism license is currently awaiting approval, presenting a lucrative opportunity in a sought-after location.
This property is not only a unique chance for personal investment but also an exciting business venture to attract holidaymakers looking for seamless experiences in nature and luxury. Don't miss out on this rare investment opportunity—contact us today for more information!
• 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