A rural resort development opportunity is for sale near Ferragudo, offering a 4,690 m² plot with a proposed 14-unit tourism scheme. The project is positioned close to golf courses, beaches, restaurants and the centre of this popular Algarve fishing town. The guide price is €1,450,000 for the land, excluding construction costs. Two two-storey buildings are planned for the rural tourism development. The apartment mix comprises 10 three-bedroom units, two two-bedroom units and two one-bedroom units. This configuration could support a broad holiday rental market, from couples to extended families. Proposed communal facilities include a swimming pool, bar, reception and commercial area. Guests would also benefit from a laundry, recreation room and landscaped green spaces. Basement parking and lockable storage areas are part of the proposed design. The parking arrangement allows for 10 vehicles underground and a further 25 vehicles outdoors. The plans remain subject to final approval, although pre-guidance has been secured. There is also scope to change the plans before construction, subject to planning consent. Investors can therefore review the layout against their intended operating model. The site offers a partial view towards Gramacho golf and the surrounding countryside. Ferragudo town centre is approximately five minutes away by car. Praia and other coastal attractions are accessible, with the nearest beach around 2.4 km from the plot. The sea is approximately 1.5 km away, supporting a strong holiday location proposition. Two of the Algarve’s best golf courses are around five minutes’ drive from the site. Shops, restaurants and everyday amenities are close at hand, while the nearest school is about 1 km away. Contact us to review the planning documentation and explore this Ferragudo resort investment.
• 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
