A profitable rural tourism development opportunity awaits you in Ferragudo, featuring a well-laid plan for 14 rental units in a serene environment. This property, boasting two two-storey buildings, is set to include 10 three-bedroom apartments, 2 two-bedroom apartments, and 2 one-bedroom apartments, making it a versatile option for various guest profiles. Perfectly positioned just 1.5 km from the sea, the appeal of this development extends beyond aesthetics; it offers a chance to tap into the burgeoning tourism market.
With preliminary approvals for a rural tourism license, you can be assured of a smooth transition into operational status upon acquisition. The larger plot area of 4690 m² means there's the potential for additional amenities like a swimming pool, leisure areas, and even a commercial space for guest services, enhancing the guest experience.
Experience the vibrant charm of Ferragudo, with local restaurants and shops just a short drive away, and two prominent golf courses within reach. Such a location ensures wide appeal among tourists looking for both relaxation and recreation, thus maximizing rental potential. The planned features, including underground parking for 10 vehicles and outdoor parking for 25, promise hassle-free convenience for you and your guests.
Investing in this project offers immediate benefits, with scope for future growth as tourism continues to thrive in the Algarve. Ideal for investors focusing on creating guest-centric spaces, this opportunity allows room for flexibility in planning and execution. Don't miss your chance to secure a foothold in this lucrative market. Contact us now to discuss how you can make this project your own!
• 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
