This rural tourism project in Ferragudo, currently available for sale, presents an incredible opportunity to invest in 14 well-planned apartments. Located on the outskirts of the charming fishing town of Ferragudo, the development features 10 apartments with three bedrooms, alongside two two-bedroom and two one-bedroom apartments. Set on a 4,690 m² plot with a construction area of 2,000 m², this project is ideal for buyers looking to create a small resort or holiday rental complex, and it is positioned just 2.4 km from the nearest beach. The site has secured a rural tourism license, which is awaiting final approval, making it a viable option for serious investors in the Algarve region. The project includes two two-storey buildings, with modern amenities like an underground garage and lockable storage spaces. Situated within easy reach of the Algarve’s premier golf courses and dining options, this property has the potential for remarkable returns on investment. Act now to consider this promising venture in Ferragudo, and contact us today to explore this unique opportunity!
• 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
