Portugal boasts numerous coastal locations ideal for tourism development, with Ferragudo being a standout choice. This particular rural tourism project is embedded in the Algarve, close to pristine beaches and charming townscapes, making it particularly attractive for prospective developers. The plot, priced at €1,450,000, spans 4,690 m² and has plans for 14 apartments, perfect for capturing the growing tourism market.
Benefiting from a location just 2.4 km from the nearest beach and a short drive from local restaurants and shops, this project not only appeals to holidaymakers seeking sun and leisure but also to serious investors aiming to capitalise on Portugal's notable holiday season. The property comes with a rural tourism licence awaiting final approval, which is a significant advantage for those looking to establish a commercial presence in the Algarve.
Additionally, the planned amenities such as communal green spaces, a swimming pool, and ample onsite parking underscore the potential for this development to thrive. This investment also offers options for buyers who wish to modify existing plans, ensuring bespoke accommodation that meets market demands. Discover how you can be part of Portugal’s vibrant tourism industry. Contact us to explore this opportunity further!
• 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
