You can invest in a promising rural tourism project in Ferragudo, featuring 14 apartments and awaiting final approval for development. This project includes two two-storey buildings comprising 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units, all situated in a tranquil area just 1.5km from the sea. With a generous plot area of 4,690 m² and a construction area of 2,000 m², it presents a fantastic opportunity for those looking to develop a resort or small urbanisation. The location is ideal, being only a 5-minute drive to world-class golf courses, fine dining, and shopping in the charming fishing town of Ferragudo. Additional amenities will include a front desk, a commercial area, a swimming pool, and ample parking facilities, along with green spaces for guests to enjoy. The project offers excellent rental potential, catering to tourists seeking a peaceful retreat in the Algarve. Given the growing demand for rural tourism, this project could yield strong returns on investment. Additionally, the approval process is already underway, ensuring a swift progression once plans are finalised. This is a rare opportunity, as properties like this are increasingly hard to find. Don't miss your chance to own a piece of paradise in Ferragudo. Contact us today to obtain more information or to schedule a viewing!
• 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
