This Ferragudo-area development site combines planned guest accommodation, a swimming pool and secure parking within a proposed rural tourism project. The land is available for €1,450,000 and extends to 4,690 m² in the Estômbar area of Lagoa. The project provides for approximately 2,000 m² of construction in two two-storey buildings. Fourteen rental apartments are planned, including 10 three-bedroom, two two-bedroom and two one-bedroom units. The accommodation mix could create a flexible offer for families, couples, groups and golf visitors. Resort facilities are intended to include a reception desk, commercial area, swimming pool, bar, laundry and recreation room. Planned landscaped areas would give guests space to relax outdoors. Secure parking is addressed with an underground garage for 10 vehicles and outdoor parking for 25 vehicles. Lockable storage areas are also included in the proposed layout. The plot benefits from a partial Gramacho golf view and a peaceful countryside setting. Two golf courses are located approximately five minutes away by car. Ferragudo’s centre, shops and restaurants are within a similar driving distance. Beach access is convenient, with the nearest beach around 2.4 km from the site. The sea lies approximately 1.5 km away, while a school is about 1 km distant. Faro Airport is approximately 66 km away for international access. The rural tourism licence remains awaiting final approval, although the project has pre-guidance. Buyers should complete legal, planning and commercial due diligence before purchasing. The price covers the plot only, and construction and associated development costs will be additional. There may be scope to change the plans before construction, subject to approval. Contact us today to review this Algarve development opportunity and arrange a viewing or documentation pack.
• 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
