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Which plots offer potential for building guest accommodation in the Algarve?

Plot in Santa Catarina da Fonte do Bispo

ref. TV2046
6.235.413NOK 6.132.442NOK
  • NA
  • 12.211m2
  • Building Plot

This spacious plot in Santa Catarina is ideal for those looking to build guest accommodation in the Algarve. With an approved project for two houses, including a luxurious villa and guest facilities, this property is uniquely positioned to cater to the growing demand for holiday rentals in this picturesque region. Priced at €536,000, the plot spans 12,211 m² and provides striking sea views.

The approved construction plan includes a 2 en-suite bedroom villa alongside a guest house, making it perfect for buyers aiming to invest in rural tourism. This area is a hidden gem in the Algarve, surrounded by beautiful countryside and approximately 15 km from sandy beaches, providing the perfect balance of serenity and accessibility.

Additional potential exists for expanding the project with four T0 studios, offering lucrative rental outcomes and enhancing the appeal for holidaymakers seeking unique experiences. The locality features ample amenities, local cuisine, and vibrant market days, ensuring strong occupancy rates throughout the year.

If you are considering investing in guest accommodation, this plot is an excellent choice, tapping into the beauty and charm of the Algarve. Reach out today to arrange a viewing and see how this property can fit into your investment strategy!

Usage
Residential
Type
Plot
Town
Santa Catarina da Fonte do Bispo
Parish
Santa Catarina da Fonte do Bispo
Municipality
Tavira, Faro
Region
Algarve (East)
Surface area
377 m²
Plot Area
12.211 m²
Country Road
Countryside View, Sea View
Building Plots
• Construction size 377m²
• Total urban footprint 529m²
• Plot size 12.211m²
• Approved project in place
• The price includes the plot and the approved project but not the construction of the building
• 15km to sea and beaches
• Sea views

The building permission is for a 2 en-suite bedroom villa with 377m² footprint. The basement would provide enough space for a garage for 4 cars, several storage rooms and two multimedia rooms. In addition to this, a guest house with 2 suites, with an area of just over 150m².

This project is viable for touristic usage in the form of country houses, with a biological pool and leisure area facing south with sea views. There is an additional plan for 4 x T0 studios in drawing in a plot of 444m² but these are not included in the approved architecture plan and should be submitted for approval if so desired.

With this additional area of construction, it makes this project an exciting opportunity for Rural Tourism in a picturesque location close to Santa Catarina da Fonte do Bispo.

The surrounding land consists of wide-open plains with carob, fig, almond and olive trees.

Price is for plot only, construction price is extra and costs depend on finishes desired. It is anticipated that all approvals will be in place for construction works to commence in 2024.

Please contact us to see the full plans and for a visit to the location.

Amenities

• License for borehole
• Licença de Especialidades in process
• Licença de Construção in process
• Possibility to connect to mains electricity and phone network

Location

• 2km to Santa Catarina da Fonte do Bispo
• 15km to Tavira
• 15km to sea and beaches
• 19km to golf
• 31km to Faro airport
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