You can invest in a promising tourism development near the Algarve coast with this rural tourism project located in Ferragudo. The project comprises two buildings, each with two stories, featuring a total of 14 apartments, including 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. Located just 1.5 km from the sea and 2.4 km from the nearest beach, this area is ideal for attracting holidaymakers. Spanning a generous plot area of 4,690 m², this investment offers ample possibilities for a small resort or urbanisation project. The project is currently in the final stages of approval, making it a timely opportunity for serious buyers looking to establish a foothold in this beautiful region. With underground parking, commercial areas, and recreational facilities like a swimming pool and bar, this property has everything necessary for a successful tourism venture. You will also be close to excellent golf courses and various quality restaurants and shops, ensuring that your future guests enjoy a fantastic experience. Options exist for you to change the plans before construction begins, allowing for further customisation. This property is a lucrative investment with high potential for rental income and tourism growth in the Algarve. Take advantage of this unique opportunity to invest in a location known for its natural beauty and vibrant culture. Explore this property today before it’s gone! Contact us for more details or to arrange 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
