In the Algarve, properties enabling the construction of guest accommodations are available in Santa Catarina, close to Tavira. This large plot, priced at €536,000, comes with approved plans for a main villa along with an additional guest accommodation, making it a great investment for those interested in hospitality or rental businesses. The plot measures 12,211m² and features a design that allows for a spacious 377m² villa and a separate guest house, enhancing its suitability for tourism development.
One exciting feature is the ability to add further accommodation, with plans to include up to four T0 studio apartments, which, while not initially included in the approved plans, could significantly increase rental potential when submitted for approval. The location is highly favoured, lying just 15 km from beautiful beaches and the bustling town of Tavira, presenting the best of both rural charm and convenient access.
Overlooking scenic surroundings dotted with native trees adds to the value of this plot. It offers an outstanding opportunity for buyers who want to create an appealing getaway spot or residence in a serene setting.
Moreover, the local tourism is thriving, making this property a lucrative investment option. Live the dream of owning a piece of land where you can build idyllic accommodations and enjoy the captivating views of the natural landscape. To learn more about this prime investment property, contact us today for an exclusive viewing.
• 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
