This real estate opportunity in Ferragudo features 10 thoughtfully designed three-bedroom apartments, nestled within a rural tourism project on a picturesque plot of 4,690 m². Buyers looking for a beautiful location with strong rental potential will find the spacious construction area of 2,000 m² ideal for their investment. Each three-bedroom unit has been carefully planned, catering to families and groups seeking an enjoyable holiday experience. With charming countryside and partial golf views, these apartments will appeal to visitors longing for tranquility away from the bustling resorts. Planned amenities, including a stunning outdoor swimming pool, recreational areas, and an underground car park, ensure that guests experience comfort and luxury. The property is strategically located just a short drive from Ferragudo's vibrant town centre, famous shops, dining, and beautiful beaches, making it a prime choice for holidaymakers. Furthermore, the ongoing final approval for the rural tourism license allows for lucrative opportunities in the tourism sector. Don't miss out on this chance to invest in a key location within Algarve. Contact us now to explore this exciting investment further!
• 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
