This rural tourism project in Ferragudo presents an excellent investment opportunity for buyers seeking to develop a resort with a total of 14 apartments. The project plan allows for the construction of two buildings featuring 10 three-bedroom apartments, 2 two-bedroom apartments, and 2 one-bedroom apartments. Located on a generous plot of 4,690 m², the site is strategically located only 5 minutes from the centre of Ferragudo and close to scenic beaches. Buyers can benefit from the area's growing tourism demand, ideally suited for a small resort with amenities such as a bar, swimming pool, and recreational rooms. The property also includes an underground garage with storage, catering to the needs of guests and owners alike. With a construction area of 2,000 m² planned, this project offers substantial potential for return on investment. Ferragudo's picturesque environment enhances the appeal, ensuring a steady flow of visitors year-round. Seize this chance to invest in a thriving tourism sector! Reach out now to learn more!
• 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
