Purchasing a plot for a small resort in the Algarve has never been easier with this incredible opportunity in Ferragudo. The rural tourism project involves a spacious plot of land measuring 4,690 m², designed for the development of 14 rental units, ideal for a boutique resort. Buyers interested in this investment should note that the purchase price is set at €1,100,000, covering the plot without construction costs. The area is perfectly located near stunning beaches, golf courses, and vibrant local amenities. With 10 three-bedroom units in the plans, alongside additional two-bedroom and one-bedroom apartments, the potential for unique tourist accommodation is vast. Investors can take advantage of the pending rural tourism license, which adds value to the development project. Surrounded by beautiful countryside and just a short drive from the picturesque fishing town of Ferragudo, this site offers both tranquillity and accessibility. By seizing this plot, buyers can tap into the lucrative tourism market of the Algarve, catering to the growing demand for upscale holiday rentals. Don't miss out on this unique chance—contact us today to discuss your options!
• 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
