Investing in this tourism project near Ferragudo's beaches and golf courses offers exceptional potential for lucrative returns. The project is strategically located just 1.5 km from the sea and a mere 2.5 km from renowned golf courses, making it an ideal destination for both leisure and business travellers. The plot of 4,690 m² is well-suited for the construction of 14 apartments ranging between one to three bedrooms, catering to a diverse market. With the added advantage of a planned swimming pool, commercial areas, and leisure facilities, this property is designed for high rental appeal. Ferragudo itself is a charming fishing town that attracts tourists for its authentic atmosphere and beautiful coastline. As tourism continues to thrive in the Algarve, the demand for quality accommodations will only rise, making this an excellent opportunity for investors. Additionally, there is flexibility to modify the development plans before construction, allowing for tailored approaches that align with market needs. Don’t wait to engage in this promising investment – contact us today to learn more!
• 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
