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.
• 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