This rural tourism project is conveniently located just 2.4km from the nearest beach in Ferragudo, striking a perfect balance between tranquil living and beach access. With the project priced at €1,450,000, prospective buyers can expect not only a prime location but also a well-structured development that comprises two two-storey buildings housing 14 diverse apartments.
The close proximity to the beach enhances the appeal of this investment, with guests enjoying easy access to the beautiful coastline of the Algarve, known for its stunning views and recreational opportunities. The project also caters to the needs of future occupants with features such as a swimming pool, underground parking, and communal areas for relaxation and socialising.
Such a desirable location ensures stable tourism potential, offering lucrative rental income for owners looking to tap into the flourishing tourism market. Ferragudo is renowned for its picturesque vibe, making it a favourite among both locals and visitors, and buyers can capitalize on this charm.
Investing in this project not only provides immediate access to beautiful beaches but also allows for long-term investment benefits, including value appreciation as the area continues to grow in popularity. Take advantage of this remarkable opportunity to develop in a location where lifestyle meets investment potential. Contact us now to find out more!
• 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
