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Ferragudo
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What are the advantages of investing in a hostel with 20 ensuite rooms in Ferragudo?

Plot in Ferragudo

ref. LE1279
1.023.899CHF 814.465CHF
  • NA
  • 20
  • 20
  • 720m2

Investing in a hostel with 20 ensuite rooms in Ferragudo offers numerous advantages, particularly given its approved project status. Located within a vibrant fishing town, this property caters perfectly to the bustling tourism sector, ensuring a steady flow of potential guests. Each room includes a private terrace, providing guests with comfort and privacy, increasing the likelihood of repeat bookings. This strategic location, just 400m from the beach, attracts visitors seeking both relaxation and adventure, making it an ideal choice for hospitality investors. The plot's size of 720m² allows for generous common spaces such as a communal living room and laundry facilities. Furthermore, the underground parking facility can accommodate 11 cars, a unique feature that enhances the property's appeal. With Ferragudo being close to golf courses and exquisite dining options, it promises a well-rounded experience for visitors. The hostels' prime position helps secure a competitive edge, making it a smart investment for those looking to benefit from the picturesque Algarve coast. By investing now, you can capitalise on the thriving European holiday market. Contact us today to learn more about this promising investment opportunity!

Usage
Commercial
Type
Plot
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (Central)
Rooms
21
Bedrooms
20
Bathrooms
20
Floors
3
Plot Area
720 m²
Underground Garage, Autom. Garage Door, Parking outdoors
Lounge
Balcony/Terrace
Storage, Laundry, Pantry
Bedroom 1
Ground Floor, 6, En-Suite, Terrace
Bedroom 2
First Floor, 8, En-Suite, Terrace
Bedroom 3
Second Floor, 6, En-Suite, Terrace
2 Family Bathrooms, Ground Floor
Double glazing, PVC
Town View
• Approved project
• 20 en-suite rooms with private terraces
• 60 beds
• Underground parking
• Plot 720m²
• Nearest beach 400m
• The price includes the plot and the approved project but not the construction of the building

Superbly located plot in the heart of Ferragudo with an approved project to construct a 3 story 20 bedroom hostel.

Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close nit community of Portuguese and ex pats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach. and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.

The building consists of an underground garage with space for 11 cars and 5 storage rooms. The ground floor has two public WCs, a communal living room, laundry and service and storage areas, 6 individual en-suite bedrooms containing 3 beds, each having its own private terrace. The first floor consists of a further 8 individual en-suite bedrooms with private bathrooms and terraces. There is a further storage room and atrium on the roof.

Amenities

• 8 storage rooms
• Atrium
• Communal living room

Location

• Distance to sea 350m
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
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