The cost of this rural tourism project in Ferragudo is €1,450,000. This investment opportunity includes a plot area of 4,690 m², suitable for developing a resort or urbanisation project. The project is in the final stages of approval and features two buildings with a total of 14 apartments, consisting of 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units. The location, only 2.4 km from the nearest beach and within easy reach of Ferragudo town centre, makes it ideal for attracting tourists seeking a getaway in the Algarve. With amenities such as an underground garage, storage areas, and options to modify plans, this property offers both flexibility and potential for growth. There's also a swimming pool, bar, and recreation room envisioned, enhancing its appeal as a holiday destination. Investing here means being part of an evolving tourism market in one of the Algarve’s most charming coastal towns. The property is conveniently situated close to golf courses and local dining, making it a desirable spot for visitors. Don't miss out on this opportunity; contact us for further details!
• 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
