You can find an excellent plot with approved plans for a small resort near Ferragudo with this stunning property. This plot of 4690 m² has plans in progress for two buildings comprising 14 apartments: 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, making it perfect for development as a tourist accommodation project. Located on the outskirts of Ferragudo, this site offers scenic views and a tranquil environment, ideal for creating a resort atmosphere.
This plot awaits final approvals for a rural tourism license, which is expected soon, thus presenting a rare opportunity for buyers ready to invest in a thriving area. The properties will feature essential amenities such as an underground garage, outdoor parking, and areas for recreation, ensuring a comfortable lifestyle for future guests. An outdoor swimming pool, bar, and landscaped green areas are also planned, adding value to the proposition.
The proximity to two popular Algarve golf courses and the charming town centre enhances the appeal of this location further, positioning the resort to attract both domestic and international tourists. The nearest beach is just 2.4 kilometres away, and local shops and restaurants are within a short distance, providing essential conveniences for guests.
Investors looking for a lucrative development opportunity in the Algarve will find this project ideal. Given the prices in the region and the anticipated growth in tourism, now is the time to take action. Reach out to us for more information on this remarkable opportunity and to arrange a visit to the site.
• 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
