Investors will find a promising range of apartments in this new rural tourism project in Ferragudo. The development includes 14 rental units, featuring 10 spacious three-bedroom apartments, 2 two-bedroom apartments, and 2 one-bedroom apartments, all designed for short-term holiday rentals. Located on the outskirts of Ferragudo, this project offers convenient access to beautiful beaches and local amenities, making it ideal for attracting tourists. Each apartment is designed to maximise comfort and space, ensuring an inviting atmosphere for visitors. The project's construction is set across two floors, integrating modern facilities and outdoor areas for relaxation. With the rural tourism license pending approval, investors can anticipate great potential for rental income. This strategic location not only offers picturesque views of the surrounding countryside but is also within easy reach of top golf courses and gourmet restaurants. As the project is still in the final stages of approval, there is an opportunity to customise plans to suit your vision before construction begins. Don’t miss out on this exceptional investment opportunity in one of the Algarve’s most beautiful towns. Contact us now for more information!
• 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
