The available land for developing a resort in the Algarve consists of a prime plot of 4,690 m² near Ferragudo. This property is currently envisioned for a rural tourism project featuring two two-storey buildings with 14 apartments that can serve as ideal accommodations for vacationing families. The area is strategically located just 1.5 km from the sea and is only 2.4 km from stunning beaches, offering potential guests a perfect balance of comfort and leisure. With a mix of three-bedroom, two-bedroom, and one-bedroom units planned, this development caters to a rich target market. The site has been set up with plans for additional infrastructure, including 10 underground parking spaces and designated commercial areas. This level of investment allows for versatility in future development phases, should you wish to expand beyond the current proposal. In an area recognised for continuous tourist growth and allure, this property presents a remarkable opportunity to tap into a thriving market. Local amenities, including restaurants and shops, are within a 5-minute drive, ensuring convenience for both residents and visitors. Don't miss out on this chance to secure prime land for your next resort project in the Algarve! Reach out today to discuss this investment 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
