The Ferragudo rural tourism project offers several appealing features for potential buyers looking to invest in the thriving tourism sector. Comprising two two-storey buildings, the project includes plans for 14 apartments: 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, accommodating diverse guest needs. Situated on a sizable plot of 4,690 m² with a total construction area of 2,000 m², this development has been designed to cater to the increasing demand for holiday rentals in the Algarve region. The underground garage accommodates 10 vehicles, while additional outdoor parking is available for 25. This project also includes recreational facilities such as a swimming pool, a bar, a laundry, and green areas, providing an attractive environment for guests. Its prime location, only 1.5 km from the nearest beach and a short drive from bustling restaurants and shops, enhances the investment appeal. The favorable consideration for a rural tourism license represents an advantageous opportunity for buyers willing to tap into the healthy rental market. With an alluring return on investment and a chance to modify plans prior to construction, this opportunity should not be overlooked. If you are interested in making a worthwhile investment, contact us now to operate this project to your vision!
• 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
