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Ferragudo
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Where can I find a plot with planning for a small resort near Ferragudo?

Plot in Estômbar

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

You can find an excellent plot for a small resort near Ferragudo, which is currently in the final stages of obtaining a rural tourism license. The plot spans 4,690 m² and features a well-thought-out construction plan for two buildings housing 14 apartments — a versatile investment for potential buyers. Located only 1.5 km from the sea and within a short drive to local restaurants and shops, this plot offers both a tranquil setting and convenient access to attractions. Designed with 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, this development will appeal to families and tourists seeking comfortable accommodations in the Algarve region. The added amenities including a swimming pool, recreational areas, and commercial spaces, enhance its attractiveness as a resort destination. With parking for 10 vehicles underground and 25 additional outdoor spots, your guests will experience hassle-free transportation. This plot offers fantastic potential for capital appreciation due to the expanding hospitality market. If you're seeking a prime location to develop a small resort, this Ferragudo plot is ideal. Explore the chance to shape this project to your vision, and capitalise on the tourism trends in the Algarve.

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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