The asking price for this rural tourism project in Ferragudo is €1,450,000. This price includes the plot of land, which spans 4,690 m², and the opportunity to develop a comprehensive tourism facility. Buyers looking to invest in the Algarve will find this project appealing, as it features two proposed buildings with a total of 14 rental apartments. The development plan outlines 10 three-bedroom apartments, 2 two-bedroom apartments, and 2 one-bedroom apartments, perfect for attracting various tourists. Located just 2.4 km from the nearest beach, this property is well-positioned for a lucrative tourism venture. The underground garage can accommodate 10 vehicles, and there's ample outdoor parking for 25 more. The potential to build a small resort, including a front desk, commercial area, and even a pool, adds to the property's attractiveness. With project documentation awaiting final approval, there's an exciting opportunity to modify the development plans before construction begins. Ferragudo is a charming fishing town, making it an ideal location for tourists seeking a peaceful getaway. Contact us today to explore this investment opportunity further.
• 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
