Your Property Specialists
Ferragudo
Full Screen

What are the investment opportunities for a plot in Ferragudo with a tourism license?

Plot in Estômbar

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

Investing in this Ferragudo plot offers a rare opportunity to create a thriving rural tourism project with a robust tourism license. With 4,690 m² allocated for construction, this site is on track to house two buildings featuring 14 apartments, strategically situated close to some of the Algarve's best beaches and attractions. The current plan includes modern amenities, including underground parking and a designated front desk area to assist guests. This investment is especially appealing due to Ferragudo's growing popularity among tourists, effectively increasing potential rental income. The prospect of owning a well-located, licensed tourism site in a sought-after location presents unparalleled advantages for investors. Explore the potential of this exciting development, and contact us for more information on making this investment your reality!

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
Enquire Now   +