Buyers can purchase a proposed 14-unit rural resort scheme in Ferragudo, Algarve, set on a 4,690 m² development plot. The asking price is €1,450,000 for the land, and the price does not include construction costs. The planned project is intended for rural tourism and comprises two two-storey buildings. Accommodation is arranged as 10 three-bedroom, two two-bedroom and two one-bedroom rental apartments. This mix offers potential flexibility for seasonal holiday lets and longer stays. The proposed resort amenities include a swimming pool, front desk, bar and commercial space. A laundry and recreation room are also included within the concept. Landscaped green areas could provide communal outdoor space for guests. The design includes an underground garage for 10 vehicles and outdoor parking for 25 vehicles. Lockable storage areas are proposed within the basement arrangement. The rural tourism licence remains awaiting final approval, with pre-guidance already in place. Buyers should verify the current approval status and all technical documentation before committing. The project may allow changes to the plans before construction, subject to planning requirements. That flexibility could help an operator refine the apartment mix or guest facilities. Ferragudo is approximately five minutes by car and offers a popular fishing-town setting. The nearest beach is around 2.4 km away, while the coastline is approximately 1.5 km from the plot. Golf buyers and holiday guests would be within about five minutes’ drive of two high-quality courses. Restaurants, shops and local services are conveniently located in the surrounding area. A partial Gramacho golf view and countryside outlook add to the location’s appeal. Contact us to arrange a detailed review of this Ferragudo development opportunity.
• 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
