The 4,690 m² rural tourism development plot near Ferragudo is offered for €1,450,000. The proposed scheme provides approximately 2,000 m² of construction across two-storey buildings. The plans are in the final stages of approval rather than fully approved, and the asking price covers the land only, excluding construction costs. The project is designed for 14 rental apartments, comprising ten three-bedroom, two two-bedroom and two one-bedroom units. The development would also include a reception desk, commercial area, swimming pool, bar, laundry and recreation room. Green areas are incorporated into the concept to create a relaxed rural resort atmosphere. Underground parking is planned, with lockable storage areas for owners or guests. The listed amenities include an underground garage for ten vehicles and outdoor parking for 25 vehicles. Buyers may have the option to amend the plans and add extra rooms before construction. A partial view of Gramacho golf course adds appeal for future holiday guests. The nearest golf course is approximately 2.5 km away, with two leading Algarve courses around five minutes by car. Ferragudo town centre is also roughly five minutes away by car. The nearest town is 1.4 km from the plot, while the sea is approximately 1.5 km away. A nearby beach can be reached in around 2.4 km. Restaurants, shops and the traditional fishing-town lifestyle of Ferragudo support year-round visitor demand. The proposed unit mix could suit an operator targeting families, couples and longer-stay holidaymakers. Its location offers potential for diversified rental income, although returns will depend on construction costs, management, occupancy and final licensing. Mains services, tarmac access and countryside and golf views are recorded among the property specifications. Contact us now to review the documentation, discuss the approval position and arrange a viewing.
• 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
