Purchasing a plot for a tourism project near Ferragudo's beaches has never been more accessible with this prime land opportunity available for €1,450,000. Situated only 1.5km from the sea and 2.4km from picturesque beaches, this plot spans 4690 m² and is set for two two-storey buildings, ideal for a rural tourism project. The area enjoys proximity to local amenities, including shops and exceptional dining options within a quick 5-minute drive.
Investors will appreciate that this property is in the final stages of gaining a rural tourism licence, promising a lucrative avenue for generating rental income. With detailed plans for 14 apartments, including a mix of one, two, and three-bedroom configurations, the site is designed to cater to diverse clientele.
Additionally, the underground parking provision ensures convenience for guests and attracts more demand. Explore the flexibility of amending construction plans, allowing buyers to customise the development to suit their vision.
This is a golden opportunity to make a significant investment in one of the Algarve's most sought-after areas. Discover what potential awaits by contacting us today for more information on this prime plot!
• 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
