Investing in a unique tourism project in the Algarve is now within reach with this exceptional opportunity in Ferragudo. This rural tourism project is currently in the final stages of approval and features 14 apartments across two buildings, providing a mix of 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units. Strategically located just 2.4 km from the nearest beach, this plot spans 4690 m² and offers a total construction area of 2000 m². Ideal for those looking to create a small resort, this property includes essential amenities such as a swimming pool, commercial area, and green recreational spaces. With easy access to two renowned golf courses, excellent dining options, and shops within a 5-minute drive, this investment promises great potential. The project comes with a rural tourism license currently awaiting approval, which positions it uniquely in the market. Furthermore, the layout allows for possible alterations before construction commences, maximising investment flexibility. With its proximity to beautiful landscapes and vibrant town life, this site is perfect for those wanting to capture the growing tourism market in the Algarve. Don't miss out on this promising investment opportunity! Contact us to learn more and start your journey toward real estate ownership today!
• 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
