Investing in a plot in Ferragudo comes with remarkable advantages, particularly given its proximity to some of the best golf courses and beaches in the Algarve. This specific property spans 4,690 m² and is designed for a rural tourism development featuring 14 apartments, making it an ideal choice for investors. Being just a short 1.5 km from the coastline and surrounded by verdant landscapes enhances the location's appeal, promising ample opportunities for growth.
The project lies within a thriving area that boasts famous golf courses within a 5-minute drive, alongside a plethora of quality dining and shopping options in the nearby town. Such accessibility not only increases the attractiveness to guests but also offers potential for high rental yields.
Furthermore, this project secures a pending rural tourism license and includes essential amenities such as underground parking, communal outdoor areas, and facilities for guests. Designed with guest comfort in mind, these features situate the development well within the competitive tourism industry.
Buying this plot represents not just an investment, but a chance to contribute to the local community and tourism landscape. With the opportunity to add your personal touch to the design, don't hesitate to explore how this investment can work for you. Contact us today to discuss further!
• 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
