If you’re looking to develop a resort near Ferragudo, this outstanding property is an option that should not be overlooked. Situated within a scenic area of Algarve, this project includes plans for two buildings with a total of 14 rental apartments, catering specifically to the tourist market. With properties ready for development just a stone's throw from essential amenities and local landmarks, your resort could become a highly sought-after destination. The floor plan includes 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom apartments, perfectly suited for various guest needs. Residents and guests can enjoy a communal swimming pool, commercial spaces, and nearby recreational activities like golf, thanks to its close proximity to Gramacho golf course. The site features over 4690 m² of land, offering ample opportunities for expansion or enhancement of facilities. This fantastic location, only 2.4km from the nearest beach, ensures your resort will attract consistent visitor interest throughout the year. Additionally, with the necessary approvals for a rural tourism license anticipated soon, this investment is perfectly timed for buyers looking to enter this lucrative market. Act on this exceptional chance to marry architectural beauty with fruitful investment potential by contacting us today for more details!
• 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
