The cost of this prime development plot in Ferragudo is €1,450,000, providing an exceptional opportunity for those looking to establish a resort project. Encompassing a substantial area of 4,690 m², this property allows for the construction of a rural tourism project featuring 14 rental units. The proposed buildings will include ten 3-bedroom apartments, perfectly tailored for accommodating families or groups. Alongside this, the development plan incorporates ample amenities such as a swimming pool, front desk, and various green areas to enhance guest experience. This plot stands out due to its location; just 1.5 km from the sea and 2.4 km from the nearest beach, it's perfect for attracting tourists seeking a relaxing getaway in the Algarve. Furthermore, the nearby town of Ferragudo, famed for its picturesque surroundings, is a mere 1.4 km away, bringing convenience to residents. The price includes the plot only, not construction costs, giving buyers the opportunity to tailor development plans further. This investment is positioned for significant growth as rural tourism continues to thrive. Interested in transforming this idea into reality? Contact us for detailed information about the plot and its potential.
• 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
