Ferragudo's countryside tourism project offers a wealth of investment opportunities for discerning buyers. Priced attractively at €1,450,000, this project encompasses a generous plot of 4,690 m² and allows for constructing 14 apartments, making it perfect for holiday rentals. With the additional benefit of a developing rural tourism license, this project supports a variety of income strategies from short-term rentals to boutique holiday stays. Located just 1.5 km from the alluring beaches of the Algarve and within easy reach of the charming town centre, this property appeals to both recreational visitors and long-term residents. Investors will enjoy the flexibility to modify the planned structures, adapting to market demands and tourism trends. Furthermore, ample parking and communal facilities such as swimming pools will enhance guest satisfaction and retention rates. With its picturesque views over the surrounding countryside and proximity to top golfing destinations, this investment potential is both exciting and lucrative. Don't let this opportunity slip by; contact us to explore potential plans and secure your financial future!
• 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
