The best opportunities for developing a tourism resort in Ferragudo lie in a prime plot presently available at €1,450,000, which is in the final stages of obtaining approval for construction. This expansive 4,690 m² site is designed for two two-storey buildings that will contain 14 apartments, meeting the ever-growing demand for accommodation in this idyllic setting.
With a short distance of just 2.4km to the beach, this site offers not only visual appeal but also accessibility, making it a very enticing option for potential guests. Such location will naturally attract tourists looking for a peaceful retreat away from busy tourist hubs, while still being in proximity to key amenities such as restaurants and shops.
In addition to the residential aspects, the project envisions substantial communal amenities including a swimming pool, a bar, and recreational spaces which are vital for creating a guest-friendly atmosphere. The integration of local attractions, such as golf courses and a rich cultural heritage, adds to the overall desirability of this development, making it a sound investment choice.
The ongoing trend towards rural tourism means that potential ROI could be significant, presenting an opportunity to cater to an eco-conscious market seeking unique experiences. Don’t hesitate to explore this lucrative development opportunity before it’s taken! Reach out for more details!
• 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
