The rural tourism project for sale in Algarve offers an exceptional opportunity for developers and investors aiming to build a unique getaway in Ferragudo. This project is set on a well-sized plot of 4,690 m² and includes plans for two spacious two-story buildings housing a total of 14 apartments, including 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. Expected amenities such as a swimming pool, recreational areas, and ample parking are planned to elevate the appeal for potential guests. The projected residential units are designed for maximising rental income, catering to the increasing demand for quality accommodation in the region. With a distance of only 1.5 km from the coastline and near several golf courses, this location will attract both international visitors and locals. The development has a rural tourism license that is awaiting final approval, enabling you to move swiftly toward making this vision a reality. This offering is a must-see for anyone looking to invest in a burgeoning tourism market. Get in touch now to find out more and seize this incredible 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
