The 4,690 m² resort development plot near Ferragudo is offered for sale at €1,450,000. The asking price covers the land only, so construction and development costs are additional. It is intended for a rural tourism project with plans for 14 holiday apartments in two two-storey buildings. The proposed accommodation comprises 10 three-bedroom apartments, two two-bedroom apartments and two one-bedroom apartments. The project has an expected construction area of approximately 2,000 m². Plans include a reception area for managing guest arrivals and stays. A commercial area could support additional visitor services or on-site activity. The proposed facilities also include a swimming pool, bar and laundry. Guests would have access to a recreation room and landscaped green areas. Underground parking is planned with space for 10 vehicles. There are also 25 outdoor parking spaces for residents, staff and visitors. Lockable storage areas provide practical support for owners or the future tourism operator. The land enjoys partial views towards Gramacho golf course and the surrounding countryside. The nearest beach is approximately 2.4 km away, while the sea is around 1.5 km from the site. Ferragudo town centre is about a five-minute drive away, with restaurants, shops and local amenities nearby. Two well-regarded Algarve golf courses can also be reached in roughly five minutes by car. The rural tourism licence is awaiting final approval, although pre-guidance has been obtained. Buyers may have the opportunity to change aspects of the plans before construction begins, subject to the relevant approvals. Contact us now to discuss the purchase, development costs and viewing arrangements.
• 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
