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How do I purchase a 14-unit countryside resort scheme in the Ferragudo area?

Plot in Estômbar

ref. LE1315
1.623.250$
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

To purchase this 14-unit countryside resort scheme near Ferragudo, buyers should request the planning documentation, approval status and sale terms from the agent. The available plot is priced at €1,450,000 and covers 4,690 m² in Estômbar, within the Lagoa municipality. The proposed rural tourism project includes two two-storey buildings with 14 apartments designed for rental accommodation. The accommodation schedule comprises 10 three-bedroom, two two-bedroom and two one-bedroom units. This layout gives a future operator flexibility across family holidays, group bookings and couples’ stays. The planned scheme includes a front desk and commercial area for welcoming guests and managing services. A swimming pool, bar, laundry and recreation room are also included in the concept. Landscaped green areas could provide attractive communal space for visitors. Underground parking is planned for 10 vehicles, complemented by 25 outdoor parking spaces. Lockable storage areas are intended to improve convenience and operational practicality. The proposed construction area is approximately 2,000 m² over two floors. The rural tourism licence is awaiting final approval, although pre-guidance has been obtained. Final documentation should be reviewed carefully by the purchaser and professional advisers before committing. The price covers the land only, so construction, professional, finance and operational costs must be budgeted separately. Plans may be capable of being changed before construction, subject to planning requirements and approval. The site is close to Gramacho golf and has a partial golf view with a wider countryside setting. Ferragudo’s centre, restaurants and shops are approximately five minutes away by car. Beaches are accessible within roughly 2.4 km, with the sea around 1.5 km from the plot. Contact us to request the project documents, discuss the purchase process and arrange a viewing of the site.

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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