A Ferragudo-area property investment with a proposed compact holiday complex is available for €1,450,000. The opportunity includes a 4,690 m² plot near Estômbar, with the proposed construction scheme sold separately from build costs. Designed for rural tourism, the project offers a manageable alternative to a larger resort development. The plan places 14 rental apartments in two two-storey buildings. Ten apartments are planned with three bedrooms, two with two bedrooms and two with one bedroom. This accommodation mix could serve families, couples and small groups visiting the western Algarve. The proposed complex includes a reception desk for coordinated guest arrivals. A commercial area, bar and swimming pool are planned as key visitor amenities. Laundry facilities and a recreation room could support longer stays and on-site convenience. Green areas would contribute to a relaxed countryside atmosphere. An underground car park for ten vehicles is included in the amenities. Outdoor parking for 25 vehicles provides additional capacity for guests and staff. Lockable storage areas may assist with operational equipment and owner belongings. The site has partial views towards Gramacho golf and is close to two leading golf courses. Golf facilities are approximately 2.5 km away and around five minutes by car. Ferragudo’s popular fishing-town centre, restaurants and shops are also about five minutes by car. Coastal access remains convenient, with the nearest beach around 2.4 km away. The sea is listed at approximately 1.5 km, giving the project both countryside and coastal appeal. The rural tourism licence is awaiting final approval, although pre-guidance has been received. Buyers may be able to modify the plans or add rooms before construction, subject to planning approval. Rental potential and ROI should be modelled using verified build costs, achievable rates, occupancy and management expenses. Contact us now to investigate this flexible Algarve holiday complex investment 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
