A rural tourism project near Algarve beaches with potential for a small resort development is available on a 4,690 m² plot close to Ferragudo. The purchase price is €1,450,000 for the plot alone, with construction costs payable separately. Pre-guidance has been obtained and the rural tourism licence is awaiting final approval. The proposed scheme consists of two buildings, each arranged over two floors. Together, they are planned to provide 14 holiday apartments. The accommodation includes 10 three-bedroom apartments, two two-bedroom apartments and two one-bedroom apartments. This configuration could support a flexible holiday rental business aimed at families, couples and groups. Approximately 2,000 m² of construction is planned within the wider site. The concept includes a swimming pool as a central leisure and social feature. Guests are also intended to benefit from a bar, laundry, recreation room and green areas. A front desk would provide a practical base for check-in and day-to-day guest services. Underground parking for 10 cars is included in the proposal. Twenty-five additional outdoor parking spaces would improve accessibility during busy periods. The site has partial views towards Gramacho golf course and the surrounding countryside. The nearest beach is approximately 2.4 km away, while the coast is around 1.5 km from the plot. Ferragudo town is roughly five minutes by car, offering restaurants, shops and a popular waterfront setting. Nearby golf courses are approximately five minutes away, making the project relevant to both beach and golf tourism. The plans may be adapted before construction, subject to planning and licensing requirements. Its location and proposed facilities could create rental potential, but any ROI assessment would require a detailed business plan and current market research. Contact us today to explore whether this Algarve development matches your resort investment strategy.
• 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
