If you’re searching for a prime property to develop in the Algarve region, look no further than this impressive plot in Ferragudo. Currently pending approval for a rural tourism project, the site spans 4690 m² and offers an engaging opportunity to create a tourism hotspot. Designed to include two buildings with a combined total of 14 rental units, including various bedroom configurations to cater to diverse guests, this property features a construction area of 2000 m². Being just 2.4 km from the nearest beach and near local amenities, restaurants, and shops, this location is advantageous for both residents and tourists alike. Additional project features include planned communal areas with a swimming pool, bar, and underground parking facilities. The investment potential in this sought-after region is significant, with many tourists flocking to the Algarve year-round. For those looking to maximise their development potential, now is the perfect time to make inquiries. If you're interested in exploring development opportunities in this beautiful area, please contact us today 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
