This Algarve development plot near Ferragudo offers a rural tourism project with pre-guidance and plans awaiting final approval for holiday apartments, a pool and underground parking. The asking price is €1,450,000 for the 4,690 m² plot, excluding construction costs. The proposal covers two buildings with two floors each and 14 planned rental units. The accommodation mix consists of ten three-bedroom, two two-bedroom and two one-bedroom apartments. A swimming pool is included among the proposed communal amenities. The plans also allow for a front desk, commercial area and bar. Laundry and recreation facilities are intended to support a practical guest operation. Green spaces would help create a more relaxed resort atmosphere. The basement design includes underground parking for 10 vehicles. Lockable storage rooms are also planned below the buildings. Around 25 outdoor parking spaces provide additional capacity for visitors and staff. The proposed construction area is approximately 2,000 m². Partial views towards Gramacho golf complement the countryside surroundings. The location is close to Ferragudo in the municipality of Lagoa. The nearest town is approximately 1.4 km away, and the sea is around 1.5 km from the site. Praia and other local beaches can be reached conveniently, with the nearest beach about 2.4 km away. Shops and restaurants are available around Ferragudo, roughly five minutes away by car. Golf buyers can access two quality courses in approximately the same driving time. The project may offer scope to add rooms or modify elements before construction, subject to approval. As the tourism licence is still awaiting final approval, buyers should verify the planning position and development timetable. Contact us to review the plans, assess the opportunity and 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
