Investors can buy this 4,690 m² plot with a rural tourism project in Sítio das Seixosas, near Ferragudo in the western Algarve. The asking price is €1,450,000 for the land and proposed project, while building costs remain separate. The site is approximately 2.4 km from the nearest beach and around 1.5 km from the sea. Its planned scheme comprises 14 rental apartments in two two-storey buildings. The accommodation consists of ten three-bedroom, two two-bedroom and two one-bedroom apartments. Around 2,000 m² of construction area is proposed for the development. Guests could benefit from a swimming pool, bar, reception desk and commercial area. The concept further includes a laundry, recreation room and landscaped green spaces. An underground car park with lockable storage areas is included in the proposed design. Parking capacity is described as ten underground spaces and approximately 25 outdoor spaces. The land has a partial view towards Gramacho golf course and a countryside setting. Two Algarve golf courses are located roughly five minutes away by car. Ferragudo, known for its fishing-town character, is also approximately five minutes by car. Local restaurants and shops provide everyday convenience for future guests and operators. A school is around 1 km away and the nearest town is approximately 1.4 km from the plot. Faro Airport is about 66 km away, giving the project access to an international visitor market. The rural tourism licence is awaiting approval, although the project has pre-guidance and is described as being in the final approval stages. The ability to alter the plans before construction may allow investors to refine the layout, add rooms or adjust the commercial strategy. Contact us now to obtain further information and assess this beach-area Algarve development opportunity.
• 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
