Investors can buy this 4,690 m² rural tourism development plot near Ferragudo for €1,450,000. The project provides approximately 2,000 m² of planned construction across two-storey buildings with 14 rental apartments. Its location near beaches, golf courses and the Algarve coast creates strong potential for a boutique holiday accommodation business. The proposed unit mix includes 10 three-bedroom apartments, two two-bedroom apartments and two one-bedroom apartments. This range could appeal to families, groups, couples and longer-stay visitors. Plans also include a reception area, commercial space, swimming pool, bar, laundry and recreation room. Green areas are intended to contribute to a relaxed countryside resort atmosphere. Guests would benefit from underground parking for 10 vehicles and outdoor parking for a further 25 vehicles. Lockable storage areas add practical value for both guests and future operators. The site has a partial view of Gramacho golf and countryside surroundings. Two of the Algarve’s leading golf courses are approximately five minutes away by car. Ferragudo town centre, with restaurants, shops and its fishing-village character, is also around five minutes away. The nearest beach is approximately 2.4 km from the plot. The sea is about 1.5 km away, while the nearest town is approximately 1.4 km away. Faro Airport is around 66 km from the site, supporting access for international holidaymakers. The rural tourism licence is awaiting final approval and the project has received pre-guidance. Buyers should note that the advertised price includes the plot only and excludes construction costs. There may be an opportunity to adjust the plans before construction, subject to the relevant approvals. Contact us now to assess the development potential and arrange further information about this Algarve investment opportunity.
• 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
