The upcoming rural tourism project in Algarve offers a total of 14 apartments, catering to a variety of guests. This carefully planned project features ten 3-bedroom apartments, which are perfect for families seeking spacious accommodations during their vacation. Additionally, there are two 2-bedroom and two 1-bedroom apartments, ensuring diverse options for different guest preferences. With an expansive construction area of 2,000 m² on a 4,690 m² plot, there is ample space to create a welcoming environment for visitors. Located just a short drive from the beautiful fishing town of Ferragudo and the stunning beaches of the Algarve, these apartments are strategically placed to attract a steady stream of holidaymakers. With a rural tourism license awaiting approval, this development is poised for success in the thriving tourist market. The amenities planned for this project also include recreational areas and a swimming pool, which will enhance the guests' experience. This is a remarkable opportunity for investors looking to tap into the vacation rental market in one of Europe's most cherished destinations. Don't let this chance pass you by – contact us to learn more about this exciting project!
• 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
