This rural tourism project in Ferragudo, currently for sale at €1,450,000, is one of the standout properties in the Algarve that includes underground parking and storage facilities. With 14 rental units cleverly planned across two buildings, the complex features underground parking for 10 vehicles and lockable storage spaces. This is a particularly rare find in a region that combines stunning coastal scenery with investment potential. Spanning a plot of 4690 m², the property will also offer a construction area of 2000 m², making it perfectly suited for creating a small resort atmosphere. Each apartment has been designed to cater to diverse guest needs, with a mix of three-bedroom, two-bedroom, and one-bedroom options. Situated just a short distance from the famous beaches of Ferragudo and major amenities, this property caters to both residents and tourists seeking comfortable, inclusive accommodation. Investment opportunities like this are increasingly sought after, especially with the projected growth in the tourist sector in the Algarve. The strategic location offers easy access to local golf courses and restaurants, enhancing its appeal. If underground parking and secure storage solutions are priorities, look no further than this unique investment opportunity. Get in touch with us for more details and to explore this fantastic property in person!
• 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
