This 4,690 m² rural tourism plot in the Algarve is for sale with plans for 14 rental apartments and a swimming pool. The proposed scheme includes 10 three-bedroom, two two-bedroom and two one-bedroom units, creating a varied accommodation mix for holiday guests. The asking price is €1,450,000 for the plot only, with construction costs excluded. Plans provide for two two-storey buildings within a rural tourism concept. The development is designed to include a reception desk, commercial area, bar, laundry and recreation room. Green areas would contribute to a relaxed resort environment. An underground car park with lockable storage is also included in the proposal. The site has provision for underground parking for 10 vehicles and outdoor parking for 25 vehicles. Buyers may have the opportunity to modify the plans and add extra rooms, subject to the relevant approvals. The rural tourism licence is awaiting final approval, with pre-guidance already obtained. This planning position gives an experienced developer the chance to progress a prepared hospitality project. The proposed accommodation could appeal to families, couples and larger groups visiting the western Algarve. Ferragudo town centre is approximately five minutes away by car. The nearest beach is around 2.4 km from the site, while the sea is approximately 1.5 km away. Two high-quality Algarve golf courses can be reached in about five minutes by car, with the nearest golf course around 2.5 km away. Restaurants, shops and local services are also conveniently positioned nearby. A partial view of Gramacho golf and surrounding countryside strengthens the leisure appeal. Estômbar is approximately 1.4 km away, and Faro Airport is around 66 km from the plot. Contact us today to assess the plans, investment potential and next steps for this Algarve tourism 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
