Investing in a tourism development near the beautiful beaches of Ferragudo has never been more accessible. This incredible property opportunity includes a rural tourism project, currently in its final stages of approval, consisting of 14 rental apartments in two separate buildings. The project design incorporates 10 spacious three-bedroom apartments, ideal for family holidays, along with two two-bedroom and two one-bedroom units that attract a wide variety of guests. Furthermore, it’s strategically located just 2.4 km from the nearest beach, enhancing its desirability for tourists. The plot offers exceptional amenities like underground parking and a dedicated commercial area, alongside recreational spaces including a swimming pool and green areas. Ferragudo is not only beautiful but also a hub for fine dining and entertainment, ensuring a rich experience for visitors. This is a remarkable chance to invest in good ROI potential within a vibrant tourism sector. The total plot area is 4,690 m², presenting endless possibilities for development. Seize this moment to venture into property ownership near stunning coastal scenery. Contact us now for further details and to discuss your future 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
