Investors can find this 14-unit Algarve holiday-let scheme in Sítio das Seixosas, near Ferragudo and Estômbar. The 4,690 m² plot is offered for sale at €1,450,000 and includes a proposed rural tourism development. The scheme is designed around two two-storey buildings with 14 rental apartments and approximately 2,000 m² of construction. The proposed accommodation mix comprises 10 three-bedroom, two two-bedroom and two one-bedroom apartments. Such variety could support bookings from families, golfing groups, couples and larger holiday parties. The concept includes a reception, commercial area, swimming pool, bar, laundry and recreation room. Communal green areas are planned to enhance the outdoor guest experience. Parking would be provided through an underground garage for 10 vehicles and 25 additional outdoor spaces. Secure lockable storage areas could support guest convenience and day-to-day resort operations. The site enjoys a partial view of Gramacho golf and a countryside outlook. Golf enthusiasts can reach two of the Algarve’s quality courses in approximately five minutes by car. Ferragudo is also around five minutes away, offering restaurants, shops and a distinctive fishing-town atmosphere. The nearest beach is approximately 2.4 km from the development site. The sea is about 1.5 km away, providing further lifestyle appeal for holiday visitors. Faro Airport is approximately 66 km away, making the location accessible to overseas buyers and tourists. The rural tourism licence is awaiting final approval, with pre-guidance already obtained. The seller notes that plans may be changed before construction, subject to the necessary permissions. Construction costs are not included in the asking price, so investors should obtain detailed professional estimates. Contact us to explore the holiday rental potential, review the plans and arrange a site appointment.
• 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
