This exciting rural tourism project is currently available in Ferragudo and comes with a rural tourism license awaiting approval, making it a prime candidate for buyers eager to enter the hospitality market in the Algarve. Situated just minutes from stunning beaches, this property is perfect for those looking to invest in a thriving tourist sector. The project features plans for 14 rental units, ensuring a diverse offering for potential guests, including 10 three-bedroom apartments, and two each of two-bedroom and one-bedroom apartments.
Located in a region popular with tourists, this project has the potential to yield exceptional returns on investment. The property has an expansive plot area of 4690 m², with 2000 m² designated for construction, promising both quantity and quality in development. Future guests will enjoy amenities such as an underground parking facility for 10 vehicles, ample outdoor parking, and lockable storage spaces.
The property's proximity to essential services, including restaurants and shops, adds to its allure for visitors seeking convenience. Plus, the rural charm of Ferragudo ensures a peaceful retreat, enhancing the location's appeal. This is a fantastic opportunity for those willing to engage in a project with great potential, leveraging the Algarve's booming tourism market.
With developments like this often in high demand, act quickly to secure your interest. Don’t hesitate to reach out for further details or to schedule a visit. Investing here is not just a purchase; it’s a step towards a lucrative future in the sunny Algarve.
• 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
