This rural tourism project for sale near Ferragudo includes options for expansion on a large plot of 4,690 m². The property consists of two two-storey buildings that will house 14 apartments, making it an ideal investment for those looking to expand their property portfolio. With the potential to modify construction plans, buyers can tailor the property to meet their investment goals or market demands. Located only 1.5 km from the sea and close to essential local amenities, this property is perfectly situated to attract tourists seeking a rural yet accessible getaway. Currently in the final stages of approval for a rural tourism license, this project offers not only a chance to establish a dynamic rental business but also expands the possibilities of future developments. Features include luxury amenities, underground parking, and areas designed for relaxation and entertainment with pools and recreational spaces. The demand for rental accommodation in this area is strong, owing to its proximity to beautiful beaches and popular golf courses. With substantial investment potential and flexibility in design, this is more than just a property—it's a multi-faceted investment opportunity. Seize the moment and contact us for a brochure or to schedule a viewing!
• 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
