Currently, there is an exceptional investment opportunity in Ferragudo, featuring a rural tourism project poised for development. This project comprises 14 rental units, with a mix of 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom apartments. While the rural tourism license is awaiting final approval, this project stands out with its planned amenities that cater to a potential influx of guests, making it an enticing prospect for serious buyers looking for literary tourism options in the Algarve.
Located just 1.5 km from the sea, with the nearest beach only 2.4 km away, this property is not only about numbers but about lifestyle. Set on a 4,690 m² plot, the planned two-story buildings will enhance the charm of the charming fishing village. Each unit is designed to provide space and comfort, ideal for travellers seeking a rural escape.
In addition to its prime location and anticipated tourism license, the property includes an underground car park for 10 vehicles, outdoor parking for 25 vehicles, and various communal spaces to foster a community atmosphere. Being just a short drive from scenic viewpoints and delicious dining options adds to its appeal, ensuring high occupancy rates.
This project represents a unique chance for property investors. Connect with us to explore purchasing options and secure your future in this beautiful corner of the Algarve.
• 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
