Ferragudo stands out as an ideal location for your tourism investment project due to its stunning natural beauty and strategic positioning in the Algarve. This property features a planned development for 14 rental units designed to cater to the ever-growing tourist market, including 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units which are perfect for families and couples seeking relaxation in this picturesque setting. Located just 1.5 kilometres from the sea, guests will also enjoy easy access to beautiful beaches.
The site is nestled within lush green surroundings, offering a serene environment that is complemented by nearby amenities, including renowned golf courses and exceptional dining options. Ferragudo itself is known for its rich cultural heritage and charming atmosphere, making it a popular choice for both domestic and international tourists. Such features contribute significantly to the potential rental yields for your investment.
The planned resort includes necessary facilities like a swimming pool, bar, and recreational areas, all of which set the stage for an enriching guest experience. Furthermore, the property is positioned for easy access to both the charming town centre and vital commercial areas, making it convenient for guests.
With a rural tourism license in the pipeline, and current plans allowing for flexibility in development, this project offers both promising growth potential and the opportunity to create a unique experience in the Algarve. Priced at €1,100,000, this investment not only provides financial incentive but also the chance to design a memorable stay for future visitors. Contact us to learn more about this exciting 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
