If you're searching for the best locations to buy a property with strong rental potential in the Algarve, Ferragudo tops the list. This picturesque fishing village is poised for growth, making it an ideal spot for property investors focusing on tourism. The current offering includes a fabulous rural tourism project that features 14 apartments within two planned buildings. With demand for short-term rentals in the region, owning property in Ferragudo represents a sound investment. Locations within short driving distances of beautiful beaches, top-notch golf courses, and vibrant shopping areas will attract both holidaymakers and long-term renters. Properties that are well-planned, like this project, boast amenities such as swimming pools and recreational areas which are essential to appeal to vacationers. Additionally, the strategic location just minutes from the town centre ensures that guests have access to local culture and dining options. With a tourist license pending final approval, you can consider this a timely opportunity to buy into a thriving market. Don’t wait too long, as listings in desirable areas are snapped up quickly! To learn more about properties in Ferragudo, contact us today!
• 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
