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What are the details of a rural tourism project for sale in Ferragudo?

Plot in Estômbar

ref. LE1315
1.450.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

Discover an exceptional opportunity with a rural tourism project for sale in Ferragudo, featuring two buildings that host a total of 14 apartments. This project comprises 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units, perfectly designed for a resort or urbanisation venture. Situated just 1.5km from the nearest beach and only a short drive from the vibrant town centre, this property offers both accessibility and a tranquil lifestyle. With a plot area of 4690 m² and a construction area of 2000 m², it’s an ideal investment for those looking to tap into the booming tourism market in Algarve. Awaiting approvals, this project already comes with plans for a reception area, commercial spaces, and amenities such as a swimming pool and communal green areas. The scenic views of Gramacho golf course and the stunning countryside make it a prime location. Investors can benefit from substantial rental potential, catering to both holidaymakers and long-term tenants. Don’t miss the chance to change plans before construction begins, allowing for personalisation of this promising setup. With good local restaurants and two of the area's finest golf courses nearby, location plays a significant role in the investment appeal. This is a unique opportunity for savvy buyers seeking to invest in Portugal’s vibrant tourism sector. Contact us today to learn more about this rural tourism venture!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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