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What is the cost of a property near the picturesque harbour in Ferragudo?

If you're curious about the cost of properties near the picturesque harbour in Ferragudo, you’ll find a variety of options that suit different budgets while offering the beauty of coastal living. The average price for homes in this charming fishing village reflects the unique location, with many properties providing easy access to the stunning harbour and the rich cultural heritage of the area. Compared to other coastal regions in the Algarve, Ferragudo remains a hidden gem with competitive pricing for quality homes.

Investing in a property here not only grants you proximity to the harbour, with its boats and vibrant community, but also positions you close to some of the Algarve's best beaches. Ferragudo is undergoing exciting developments aimed at enhancing pedestrian access and public spaces, which could positively impact property values. With local authorities focusing on revitalising the village, estimated costs may also alter in favour of homeowners in the near future.

For those looking for a holiday getaway or a permanent residence, Ferragudo offers an exceptional lifestyle enriched with local cafes, historical sites, and a welcoming community atmosphere.

Discover the joy of living near a picturesque harbour in one of the Algarve's most charming villages. Don’t miss the chance to explore available options before they’re snapped up – contact us for additional information!

Saturday, 21 April 2018 - Algarve
What is the cost of a property near the picturesque harbour in Ferragudo?

Ferragudo still retains that original fishing village charm, with one of the most picturesque harbours on the coast and proximity to some of the Algarve's best beaches. It enjoys a laid-back vibe with its white-washed homes, multiple cafes in the main square and boat-adorned shores - all basking in the sun!

The town is situated on top of a hill overlooking the river estuary of Rio Arade. It is also home to the medieval fort of São João de Arade, which used to be the area's watchtower.

 Ferragudo Castle

 

Development in Progress

Ferragudo has been receiving a facelift over the last few years to help create a more welcoming environment for visitors.

The focus of works in the centre of Ferragudo were based on transforming the village into a place dedicated to pedestrians, with an increase in green spaces being promoted by the local council who are responsible for the works.

The works in Ferragudo involve removing all traffic and parking from the downtown area of the village, next to the Largo Rainha D. Leonor and the construction of a new parking area. The works cost between seven and eight million euros with the project expected to be completed in various phases.

A public tender for the works was launched towards the end of 2018 and requalification works also had to be studied by local authorities including the port authorities, the Portuguese environmental agency and mobility experts.

The main square was set to be opened up, with the wall that was/is there being removed, while the surrounding area will be pedestrianized. Along the riverfront, the restaurant grill areas are to be made uniform, however the traditional elements of the local fishermen will not be lost as the council have identified that this remains an integral part of village life and will be preserved and highlighted.

Furthermore, a long-awaited project for construction of Ferragudo Marina is committed to contribute into its development as one of the most fashionable holiday resorts on the Algarve.

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