For buyers looking to invest in constructing guest accommodation in Algarve, this Santa Catarina plot presents an exciting opportunity. Priced at €536,000, the property comes with an approved project that includes plans for two houses, making it an ideal foundation for a guest house operation. With a total plot size of 12,211 m² and stunning sea views, this setting is fantastic for attracting tourists seeking a unique and tranquil experience.
The property’s approved designs include a main villa with 2 en-suite bedrooms and a guest house, each featuring spacious living areas ideal for rustic hospitality. The expansive landscape is enriched with native carob, fig, almond, and olive trees, which enhances the overall charm and appeal of the future accommodation.
Moreover, the project's potential to add additional studios broadens the investment scope, especially for buyers interested in rural tourism. The site is only 15 km away from the beach and conveniently located near Tavira, which boasts various amenities and recreational activities. The anticipated start of construction is set for 2024, with all construction permits underway. Don't miss out on this golden opportunity! Reach out now to explore the property.
• Construction size 377m²
• Total urban footprint 529m²
• Plot size 12.211m²
• Approved project in place
• The price includes the plot and the approved project but not the construction of the building
• 15km to sea and beaches
• Sea views
The building permission is for a 2 en-suite bedroom villa with 377m² footprint. The basement would provide enough space for a garage for 4 cars, several storage rooms and two multimedia rooms. In addition to this, a guest house with 2 suites, with an area of just over 150m².
This project is viable for touristic usage in the form of country houses, with a biological pool and leisure area facing south with sea views. There is an additional plan for 4 x T0 studios in drawing in a plot of 444m² but these are not included in the approved architecture plan and should be submitted for approval if so desired.
With this additional area of construction, it makes this project an exciting opportunity for Rural Tourism in a picturesque location close to Santa Catarina da Fonte do Bispo.
The surrounding land consists of wide-open plains with carob, fig, almond and olive trees.
Price is for plot only, construction price is extra and costs depend on finishes desired. It is anticipated that all approvals will be in place for construction works to commence in 2024.
Please contact us to see the full plans and for a visit to the location.
Amenities
• License for borehole
• Licença de Especialidades in process
• Licença de Construção in process
• Possibility to connect to mains electricity and phone network
Location
• 2km to Santa Catarina da Fonte do Bispo
• 15km to Tavira
• 15km to sea and beaches
• 19km to golf
• 31km to Faro airport
