Purchasing this plot for a small resort near the beach in Ferragudo offers multiple advantages for discerning investors. With a planned configuration of 14 rental units, including spacious three-bedroom apartments, this project presents a beautiful opportunity to create a thriving vacation destination. The versatility of the property allows for consideration of market needs, thereby maximising your investment’s potential.
Located only 2.4 km from the beach and close to restaurants and shops, the property is perfectly positioned for attracting holidaymakers year-round. Besides nearby leisure options, the investment includes a generous plot size of 4690 m² with a construction footprint of 2000 m², allowing ample space for amenities such as a swimming pool, recreational areas, and a commercial space.
The current plans are designed to meet the needs of modern tourists, providing comfort and convenience while enjoying the picturesque surroundings of the Algarve. This opportunity to invest in rural tourism is further complemented by the initial approval for a rural tourism license, signalling a favourable reception from local authorities.
The plot not only promises a strategic location amid the scenic beauty of the region but also offers flexibility to modify plans to suit your investment strategy. With approved plans in place, there’s potential for a swift start in the development process, ensuring that you can capitalise on the popular tourist season. Select this investment with confidence, knowing it is backed by careful planning and community appeal. Reach out today and explore the possibilities this exciting project has to offer!
• 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
