Your Property Specialists
Ferragudo
Full Screen

Which features should I consider when buying a tourism property in the Algarve?

Plot in Estômbar

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

When considering buying a tourism property in the Algarve, it’s essential to focus on features that promote comfort and appeal to potential guests. This fantastic development project consists of 14 well-designed apartments with a mix of configurations: 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, ideal for families or small groups. At a cost of €1,450,000, you're investing in a 4,690 m² plot that includes substantial amenities.
Key features include an underground garage for 10 vehicles, lockable storage areas, and outdoor parking for 25 vehicles, ensuring ample accessibility for guests. Additionally, the planned inclusion of a swimming pool and communal recreation room contributes to a relaxing environment for visitors.
Strategically located just 2.4 km from the beach and close to some of the best golf courses in the Algarve, the site promises a vibrant local life offering shops and restaurants nearby. The area is excellent for rental opportunities through holiday leasing, with the potential for impressive returns. Discover the potential of this exciting property and reach out to explore viewing options today!

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
Enquire Now   +