This Algarve property for sale includes a rural tourism project in the final stages of approval for a small resort near Ferragudo. Priced at €1,450,000, the opportunity comprises a 4,690 m² plot rather than a completed resort, and construction costs are not included. The proposed scheme provides 14 rental apartments within two two-storey buildings. The planned mix is ten three-bedroom apartments, two two-bedroom apartments and two one-bedroom apartments. The project has pre-guidance and is awaiting the final rural tourism licence and associated documentation. Buyers can therefore assess an established development concept while retaining the possibility of making changes before construction. The proposed built area is approximately 2,000 m². A reception area would provide an operational base for welcoming guests. The plans also allow for a commercial area, swimming pool, bar and recreation room. Laundry facilities and green areas are intended to support a practical holiday complex. Underground parking and lockable storage areas add useful functionality for both the business and its guests. The property offers an underground garage for ten vehicles and outdoor parking for around 25 vehicles. Its setting includes a partial view towards Gramacho golf course and the surrounding countryside. Golf enthusiasts would be approximately five minutes from two of the Algarve’s best-known courses. Ferragudo’s shops, restaurants and town centre are also about five minutes away by car. The nearest beach is approximately 2.4 km from the plot, offering a convenient coastal attraction for visitors. The sea lies around 1.5 km away, and the nearest town is approximately 1.4 km distant. A varied unit mix could help an operator target families, couples and longer-stay guests, subject to demand and permissions. Contact us to review the plans and explore whether this rural resort project matches your Algarve investment objectives.
• 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
