Investing in a rural tourism development in Ferragudo provides several appealing purchase options tailored for various buyer needs. The project includes a generous 4,690 m² plot, currently awaiting final approval for a two-building design with 14 rental apartments. The available plans include options for ten three-bedroom, two two-bedroom, and two one-bedroom apartments, catering to different market segments. Depending on your vision, there is flexibility to modify the plans and add extra rooms to maximise your potential returns. The project also comes complete with foundational amenities such as underground parking for guests and landscaped green areas, combining comfort with natural beauty. As a rural tourism venture, this exciting property benefits from a growing interest in sustainable travel options, making it a smart choice for the environmentally conscious investor. Situated just minutes from the beautiful beaches of the Algarve, this offers both tranquillity and exposure to tourist hotspots. Don’t wait—contact us now to explore your options and seize this promising 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
