Considering a property in Ferragudo's countryside presents an enticing opportunity for various reasons, especially for those interested in the burgeoning rural tourism sector. This particular plot, listed at €1,450,000, features plans for a rural tourism project with 14 apartments, making it a perfect fit for buyers who wish to invest in an area renowned for its exquisite landscapes and welcoming community.
Set in a serene locale, the project is merely 2.4 km from pristine beaches and closely located to local amenities, offering a blend of tranquil living and convenience. The appeal of Ferragudo lies not only in its beauty but also in its capacity to draw visitors year-round, promising a robust rental market for the future. The designs incorporate well-planned communal spaces, a swimming pool, and green areas, fostering an inviting atmosphere for guests.
Moreover, the potential for altering project plans allows investors to tailor development according to the increasing demand within tourism, ensuring a competitive edge in the market. The region is known for its charming fishing ports, local cuisine, and cultural heritage, enhancing the lifestyle appeal of prospective buyers. Now is the time to seize this rare opportunity. Reach out to us today for details on how to secure this remarkable investment!
• 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
