In Ferragudo, there is a generous plot of land available measuring 4,690 m², ideal for a new tourism venture. This prime location is not only close to the scenic coastline, just 1.5km from the nearest beach, but it also balances tranquillity with accessibility, being only a short distance from the bustling town centre. The project has plans for two two-storey buildings that collectively will offer 14 apartments—perfect for attracting visitors to the Algarve's beautiful coast. With a planned construction area of 2,000 m², the proposed development includes multiple amenities, such as a swimming pool, commercial area, and green spaces, ensuring that guests enjoy a comfortable stay. As a buyer, you will find considerable investment potential here, particularly with tourism on the rise in this picturesque area. The project has the added benefit of a tourist license that is in the final approval stages, a crucial asset for any serious investor. Opportunities to change the plans and add further units also allow flexibility to meet market demand. Don’t miss out on this exceptional chance to invest in Ferragudo's thriving tourism sector! Reach out today for more information!
• 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
