The rural tourism project near Ferragudo offers a unique opportunity with a total of 36 bedrooms spread across two two-story buildings. Currently, in the final stages of approval, this development will include 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom apartments, designed to meet increasing tourist demand. Situated on a spacious plot of 4690 m², it allows for substantial amenities such as a swimming pool, a bar, and various green areas. Just a short drive from the centre of Ferragudo and the coast, this property is strategically located to attract both domestic and international visitors seeking a tranquil getaway. The fact that it awaits rural tourism licensing provides potential buyers the assurance of compliance with local regulations and marketability. This project, listed at €1,450,000, presents both a lucrative investment and a chance to contribute to the vibrant local tourism landscape. Don’t miss out on this exceptional opportunity—contact us to learn more 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
