You can purchase a fantastic rural tourism project located in Ferragudo, currently priced at €1,450,000. This opportunity includes two two-storey buildings with a total of 14 apartments, featuring 10 x 3-bedroom, 2 x 2-bedroom, and 2 x 1-bedroom units. The project is at the final stages of approval, ideal for investors looking to develop a small resort or urbanisation project. The plot covers approximately 4,690 m² with a construction area of 2,000 m², providing ample space for growth. The property is equipped with underground parking for 10 vehicles, outdoor parking for 25 vehicles, and lockable storage areas. Additionally, there is a planned front desk, commercial area, swimming pool, bar, laundry, recreation room, and green spaces. Located just 5 minutes away from two top golf courses and the scenic town centre, this project promises excellent potential for investment. With a rural tourism licence awaiting approval, buyers have the chance to turn their vision into reality. The nearest beach is only 2.4km away, enhancing its appeal as a holiday destination. Perfect for those interested in the investment potential in the Algarve, this property offers versatility and opportunities for modifications before construction begins. Contact us now to schedule a viewing and explore this unique opportunity!
• 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
