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Ferragudo
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Why is this Ferragudo property ideal for developing a small resort?

Plot in Estômbar

ref. LE1315
1.450.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

This Ferragudo property is ideal for developing a small resort due to its prime location and comprehensive developmental plan. Situated just 5 minutes from the coastal attractions and the picturesque fishing town centre, this site offers unparalleled accessibility for guests. The project proposes two buildings that will encompass 14 carefully designed apartments, ranging from one to three bedrooms, which is perfect for accommodating diverse tourist needs. Additionally, the plot of land measures 4,690 m², providing ample space for recreational amenities such as a swimming pool and green areas for relaxation. Effortless access to a nearby beach, restaurants, and golf courses adds to the convenience, making it a desirable destination for tourists. The proposed amenities, including a laundry area, commercial space, and designated parking, create a well-rounded experience for guests. This property aligns with the growing demand for quality accommodations in the Algarve, providing a promising entrepreneurial avenue. Act quickly to explore this opportunity to develop a thriving tourism establishment! Contact us today!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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