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Ferragudo
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Where can I invest in a rural tourism project with multiple apartments in Ferragudo?

Plot in Estômbar

ref. LE1315
1.450.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

Investing in a rural tourism project in Ferragudo has never been more promising, especially with this opportunity featuring 14 apartments. The project is located on a generous plot of 4,690 m², ideally suited for those looking to develop a small resort or urbanisation. The proposed layout includes ten 3-bedroom apartments, two 2-bedroom, and two 1-bedroom units, providing ample accommodation options for tourists. These apartments are designed with guest comfort in mind and include features like a stunning swimming pool, green spaces, and a front desk area. Situated just 2.4 km from the nearest beach, residents will enjoy easy access to sandy shores while being close to local dining and shopping options in Ferragudo. Additionally, the plot has a construction area of 2,000 m², perfect for further expansion. With a rural tourism license awaiting approval, this project holds significant investment potential. The proximity to two of the Algarve's best golf courses, only a 5-minute drive away, highlights the area's appeal to holidaymakers. Given the anticipated growth in rural tourism, securing this property can enhance your investment portfolio. Don't miss the chance to capitalise on one of Algarve's emerging vacation spots. Contact us today to learn more about this promising investment opportunity!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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