This rural tourism project in Ferragudo is a standout investment opportunity for buyers seeking to capitalise on the charm of the Algarve. Key features include a prime plot of 4,690 m², two planned buildings boasting 14 apartments, and a pending rural tourism license. With various unit sizes—10 three-bedroom, 2 two-bedroom, and 2 one-bedroom options—this project is positioned to attract a diverse range of tourists looking for comfort and accessibility.
Strategically located close to beaches and golf courses, this project is just 1.5 km from the coast, making it an appealing choice for holidaymakers. The inclusion of planned amenities like a swimming pool, recreation areas, commercial space, and underground parking adds to the project's attractiveness, ensuring it caters well to tourist needs.
Moreover, the final stages of construction approval allow potential buyers to tailor the project to suit market demand, enhancing investment flexibility. Ferragudo itself is a picturesque town that draws visitors with its beautiful landscapes and rich culture, promising a steady influx of guests year-round.
The investment potential here is significant, with both immediate rental income opportunities and long-term value appreciation. Explore this project further by contacting us to learn how you can secure your stake in this promising investment.
• 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
