You can find this exceptional two-storey building opportunity for a small resort development within the charming area of Ferragudo, Algarve. The property boasts plans for two buildings, providing a total of 14 rental units including spacious three-bedroom, two-bedroom, and one-bedroom apartments. Located just 2.4 km from the nearest beach and surrounded by beautiful countryside, this is the ideal location for a serene resort experience. The rural tourism project is in its final stages of approval, ensuring immediate prospects for buyers interested in capitalising on Algarve’s booming tourism sector. Proximity to local amenities, as well as golf courses and vibrant restaurants, adds value to this investment. Additionally, the plot comes with ample parking and recreational spaces which are essential for a resort. With options to modify construction plans, you have the flexibility to tailor the development to your vision. Don’t miss out on this unique opportunity to create a getaway destination that caters to holidaymakers in the Algarve! Reach out today for a viewing and 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
