The cost of this stunning plot for a small resort near Ferragudo is currently listed at €1,100,000. Spanning an impressive 4690 m², this prime location is perfect for developing a rural tourism project that includes two proposed buildings housing a total of 14 apartments. With a planning area of 2000 m² dedicated to construction, prospective buyers can look forward to creating ten three-bedroom units alongside two each of two-bedroom and one-bedroom apartments. Additionally, the property enjoys close proximity to the beach, golf courses, and the charming town centre, just a short drive away. This area is famed for its vibrant tourism, making it a lucrative spot for investment. The possibility of adjusting design plans before construction adds significant value for developers wanting to customise the layout. Featuring necessary amenities such as an underground garage for 10 vehicles, outdoor parking for 25, and recreational spaces, this resort plot has everything required to attract tourists seeking comfort and convenience. Buyers looking for plots suitable for resort development in Algarve will find this opportunity particularly appealing due to its strategic location and inherent investment potential. With its proximity to both nature and entertainment, this is the ideal parcel to develop a small resort. Explore this opportunity now before it slips away!
• 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
