You can buy a stunning rural tourism project located in Ferragudo, a beautiful fishing town in the Algarve. This enticing investment opportunity features two two-storey buildings with plans for 14 apartments, including 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. With a total plot area of 4,690 m² and a construction area of 2,000 m², you’ll have ample space for developing a small resort or holiday complex. The property is currently in the final stages of approval for a tourism license, making it perfect for buyers looking to create a profitable vacation rental business. The site is just 1.5 km from the sea and only 2.4 km from the nearest beach, ensuring visitors can easily access spectacular coastal views and activities. Additionally, it is conveniently situated 5 minutes away from two renowned golf courses, excellent restaurants, and shops. This location provides great potential for tourism development and offers an incredible lifestyle in the sunny Algarve region. The underground garage accommodates 10 vehicles, while outdoor spaces can accommodate an additional 25. With options to modify building plans to suit your vision, this property allows for creative freedom in resort design. Don’t miss this unique opportunity to invest in a growing tourism market. Act now, and contact us for more details or to 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
