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Ferragudo
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Which features should I consider when buying a property for a vacation rental in Ferragudo?

Plot in Estômbar

ref. LE1315
1.450.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

When considering a property for a vacation rental in Ferragudo, focus on essential features that enhance guest experience and ensure maximum occupancy. This rural tourism project presents an excellent model with its 14 planned apartments, including ten 3-bedroom units perfect for families. The development is thoughtfully designed with amenities such as a swimming pool, green areas, and a front desk for added guest convenience. Located only 2.4 km away from the nearest beach and 1.4 km from the lively town centre of Ferragudo, this property offers an ideal spot for vacationers. Accessibility to nearby attractions, such as renowned golf courses, is another crucial advantage. Potential buyers should also consider the expected growth in the rural tourism sector and the significance of having a robust rental license, which is currently awaiting approval for this project. The spacious interiors and appealing design elements are sure to attract diverse visitors. While evaluating properties, don't overlook inquiry into local regulations regarding rental properties. Seize this opportunity to secure a promising investment in a desirable region. Reach out to us for more information and to schedule a site visit!

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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