A rural tourism project for sale near Ferragudo with planned space for a swimming pool, bar and underground parking is available for €1,450,000. The opportunity consists of a 4,690 m² development plot at Sítio das Seixosas, near Estômbar and Parchal in the municipality of Lagoa. The price relates to the land only, with construction costs excluded. Planning is at an advanced stage, with pre-guidance in place and final approval still awaited. The proposed scheme is arranged across two buildings with two floors each. Fourteen rental apartments are planned within the buildings. These comprise ten three-bedroom, two two-bedroom and two one-bedroom apartments. Guests could be served by a dedicated reception desk and commercial area. Leisure facilities in the plans include an outdoor swimming pool, bar and recreation room. A laundry room would support the practical management of holiday lets. Green areas are intended to create a relaxed rural tourism environment. The underground parking design includes space for ten vehicles and lockable storage areas. Twenty-five additional outdoor parking spaces are also indicated. The plot benefits from partial views across Gramacho golf course and the countryside. Golf enthusiasts can reach two highly regarded courses in approximately five minutes by car. Ferragudo’s fishing-town centre is similarly close, with shops and restaurants available within a short drive. The nearest beach is around 2.4 kilometres from the site. The sea is approximately 1.5 kilometres away, and a school is about one kilometre distant. The plans may be adaptable before construction, potentially allowing an experienced developer to refine the accommodation or facilities, subject to consent. Its combination of tourism infrastructure, coastal proximity and golf access could support a future holiday rental business, but financial performance will depend on the final build and operating costs. Contact us to inspect the site and obtain further information about this development for sale.
• 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
