On a 4690 m² plot in Ferragudo, you can build a total of 14 rental units, consisting of a combination of one, two, and three-bedroom apartments. This innovative project, set to be developed across two buildings, will significantly contribute to the growing demand for accommodation in the Algarve region. The breakdown includes 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units, catering to a diverse range of potential tenants.
The construction area for this project is planned at 2000 m², allowing for comfortable living spaces and essential amenities. The property will also feature common areas including a swimming pool and a recreation room, designed to enhance the appeal for both short and long-term rentals. Potential investors will appreciate the strategic location, just 1.5 km from the beach and in close proximity to local amenities and attractions.
With a proposed underground parking facility for 10 vehicles and ample outdoor parking, convenience for residents and guests is a priority. The site is also only minutes away from the renowned Ferragudo town centre and several notable golf courses, which adds to its attractiveness. By securing this plot, you not only invest in property but become part of a lucrative tourism market. For more information on building this desirable project, contact us today and take the first step towards your 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
