If you are looking for investment opportunities in Ferragudo with a rural tourism licence, this project is a key prospect. Currently awaiting approval, the property features 14 apartments, perfectly positioned to capture the interest of the tourist market. The complex includes 10 three-bedroom apartments and 4 other units, providing flexible options for various visitor needs. The location is ideal, just 5 minutes from the picturesque fishing town of Ferragudo, alongside stunning beaches and vibrant dining options. This development boasts a substantial plot of 4690 m² with a construction area of 2000 m², offering plenty of space for enhancement and growth. With an underground car park and expanded plans for additional amenities, this investment is geared to optimise ROI for its future owner. Take advantage of the potential to create a thriving business in an area known for its natural beauty and cultural offerings. Close proximity to the country's best golf courses makes this an attractive location for affluent tourists. This unique opportunity aligns perfectly with the growing trend for rural tourism in Portugal. Don't miss out on this chance—contact us now to find out more about how you can invest in this remarkable property in Ferragudo.
• 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
