Buyers can purchase this rural tourism development plot near Ferragudo in the Algarve for €1,450,000. The 4,690 m² plot is located at Sítio das Seixosas, in the Estômbar and Parchal parish of Lagoa. A proposed rural tourism project is in the final stages of approval, subject to the completion of the relevant documentation. The plan provides for two two-storey buildings with 14 rental apartments. The proposed accommodation includes ten three-bedroom units, two two-bedroom units and two one-bedroom units. Around 2,000 m² of construction area is planned. Shared facilities are designed to include a reception desk, commercial area, swimming pool, bar, laundry and recreation room. Green areas would create an attractive setting for guests and residents. Underground parking and lockable storage areas are also included in the proposal. The scheme includes an underground garage for ten vehicles. A further 25 outdoor parking spaces are available within the wider development plan. The plot has partial views towards Gramacho golf course and the surrounding countryside. The nearest beach is approximately 2.4 kilometres away. Ferragudo town centre is around a five-minute drive from the site. Restaurants, shops and everyday services are also conveniently close. Two of the Algarve’s leading golf courses can be reached in approximately five minutes by car. The sea is about 1.5 kilometres away, while the nearest town is approximately 1.4 kilometres from the plot. Buyers may have the option to change elements of the plans before construction, subject to approval. The land is being sold without construction costs, so investors should budget separately for development, professional fees, financing and licensing. Contact us now to discuss the project, review the documentation and arrange a viewing.
• 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
