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Ferragudo
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What opportunities are there to buy a rural tourism project in Ferragudo?

Plot in Estômbar

ref. LE1315
1.100.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

Discover a unique opportunity to purchase a rural tourism project in Ferragudo, which is currently in the final stages of approval. This investment features two buildings, each two stories high, comprising 14 well-appointed apartments including 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units. Perfect for buyers looking to develop a small resort or urbanisation project, this site is strategically located just 2.4km from the nearest beach and a mere 5-minute drive from the charming centre of Ferragudo. The plot spans an impressive 4690 m² with a constructed area of 2000 m² and is equipped with essential amenities such as an underground garage, lockable storage areas, and outdoor parking for up to 25 vehicles. With the potential to customise plans before construction, this project offers flexibility for investors. Additionally, the area boasts proximity to excellent dining options, quality golf courses, and local shops, making it ideal for attracting tourists year-round. Invest in a property that has pre-guidance for approval of a rural tourism license, promising high rental potential and a strong return on investment. Contact us now to learn more and schedule a viewing!

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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