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Ferragudo
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Which features make the Ferragudo rural tourism property ideal for development?

Plot in Estômbar

ref. LE1315
1.351.074CHF
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

The Ferragudo rural tourism property is ideal for development due to its comprehensive features and strategic location. Comprising 14 well-designed apartments—10 with three bedrooms, 2 with two bedrooms, and 2 with one bedroom—this project caters to various visitor preferences. The development also includes superb amenities such as a basement for ten vehicles, outdoor parking for 25, and lockable storage spaces, making it practical for potential tourists and residents alike. With a spacious plot area of 4,690 m² and a construction area of 2,000 m², the property allows for creative freedom in destination design, including the option to include communal spaces like a pool and lounge area. Additionally, the property is located just 5 minutes from the picturesque town of Ferragudo and its beautiful beaches, granting quick access to local eateries and entertainment options. Set in an area soon to be enhanced by the rising tourist demand, developers have a unique opportunity to capitalise on the growing interest in the Algarve tourism landscape. This project also benefits from a rural tourism license, currently at the final stages of approval, which adds significant value to the investment. With nearby golf courses and cultural landmarks, it sets a charming backdrop for future guests. Now is the time to invest in this promising venture! Contact us for more information on how to get started!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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