Investing in a small resort in Ferragudo can be a rewarding venture, with this property currently available as a rural tourism project in its final approval stage. The property plan includes two buildings with a total of 14 rental apartments, perfect for catering to tourists seeking quality accommodation in the Algarve. The mix of different sized apartments ensures that you can attract a wide range of clients, from families to couples looking for romantic getaways. The plot is located merely minutes away from beautiful beaches, top-rated restaurants, and local attractions, increasing its appeal. Additionally, the presence of an underground parking facility and green areas enhances the resort experience for your guests. With a planned construction area of 2000 m² on a vast plot of 4690 m², investors may see promising rental income in peak seasons. The strategic location near emerging tourist spots offers excellent ROI potential. If you are ready to explore the lucrative opportunities this small resort can present, contact us today for further details on this investment!.
• 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
