Currently, there is an early opportunity to purchase a rural tourism project in Ferragudo, which is just waiting for final approval of its tourism licence. This project features two buildings with a total of 14 rental apartments, including 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. The property boasts a fantastic location on the outskirts of Ferragudo, only 2.4 km from the nearest beach, making it ideal for a tourism venture. With a generous plot area of 4690 m² and a planned construction space of 2000 m², this is an excellent investment opportunity. The project also includes valuable amenities such as underground parking and storage options. Being so close to major attractions, including golf courses and quality restaurants, this property positions itself as a lucrative rental destination. The convenience of being near the heart of Ferragudo adds to its appeal, ensuring high occupancy rates for potential investors. If you’re looking to secure a property with a tourism licence, this is a chance not to be missed. Contact us today to learn more about this promising investment!.
• 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
