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Where can I find a plot ready for a resort construction in the Algarve?

Plot in Estômbar

ref. LE1315
1.450.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

This plot for resort construction in the Algarve is now available and ideally situated near Ferragudo. Spanning 4,690 m², it is designed for a rural tourism project with plans for 14 rental units, including diverse configurations of 3-bedroom, 2-bedroom, and 1-bedroom apartments. This unique opportunity is perfect for investors looking to develop a resort in one of Portugal's most sought-after locations.

The property is located just minutes from the beautiful beaches of the Algarve and a quick drive from the charming local town of Ferragudo, known for its lively atmosphere and exceptional dining options. Being only 2.5 km from two renowned golf courses makes this plot an attractive option for tourists attracted to both nature and leisure activities. Amenities planned for this development include a swimming pool, a bar, a reception area, and gardens, effectively catering to guest comfort and enjoyment.

In addition to the excellent location and planned features, the property is well connected by tarmac roads, ensuring easy accessibility. The underground parking and outdoor parking spaces provide convenience for residents and visitors alike. With the tourism license close to approval, this plot is set for a promising future. Don't hesitate—explore this opportunity today to shape your vision for a stunning resort! Get in touch with us for more details!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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