The Ferragudo tourism project offers a total of 14 apartments for sale within its development plan. Comprising 10 spacious three-bedroom units, two two-bedroom units, and two one-bedroom units, this project is crafted to cater to various accommodation needs. Priced at €1,450,000, this unique opportunity is ideal for buyers looking to invest in the growing rural tourism sector in the Algarve.
Each apartment is designed to provide a comfortable retreat for guests, complemented by appealing communal facilities such as a swimming pool, green areas, and recreational spaces. Located merely 2.4 km from the nearest beach and close to Ferragudo's bustling town centre, this project stands at the heart of one of the region's most desirable locations. Buyers can benefit from the planned underground garage and lockable storage facilities, enhancing the appeal for seasonal rentals.
Prospective investors will also appreciate the favorable location near golf courses, dining, and shopping amenities, which can aid in ensuring consistent demand for rental units. Given the project’s awaiting rural tourism license, now is the perfect time to invest in this well-planned opportunity. Contact us today to learn more or to arrange a site visit!
• 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
