This land in East Algarve offers approved plans for guest accommodation, making it an attractive investment opportunity for buyers looking to venture into the hospitality business. Located in picturesque Santa Catarina, near Tavira, this property boasts a large plot of 12,211m² and comes with approved projects for the construction of two linked villas. Notably, one of the villas is designed to accommodate guests, enhancing its commercial potential. The total urban footprint is 529m², with additional plans for creating four ground-floor T0 studios, which can be submitted for approval if desired. Positioned just 15km from the coast and surrounded by lush countryside with carob, fig, and olive trees, this land provides a tranquil atmosphere for future guests. The planned biological pool and leisure area facing south are perfect features to appeal to holidaymakers. Furthermore, the close proximity to Santa Catarina da Fonte do Bispo ensures access to local amenities and attractions. Investing in this land means securing a prime location for rural tourism. Explore this unique opportunity and contact us to learn more!
• Construction size 377m²
• Total urban footprint 529m²
• Plot size 12.211m²
• Approved project in place
• The price includes the plot and the approved project but not the construction of the building
• 15km to sea and beaches
• Sea views
The building permission is for a 2 en-suite bedroom villa with 377m² footprint. The basement would provide enough space for a garage for 4 cars, several storage rooms and two multimedia rooms. In addition to this, a guest house with 2 suites, with an area of just over 150m².
This project is viable for touristic usage in the form of country houses, with a biological pool and leisure area facing south with sea views. There is an additional plan for 4 x T0 studios in drawing in a plot of 444m² but these are not included in the approved architecture plan and should be submitted for approval if so desired.
With this additional area of construction, it makes this project an exciting opportunity for Rural Tourism in a picturesque location close to Santa Catarina da Fonte do Bispo.
The surrounding land consists of wide-open plains with carob, fig, almond and olive trees.
Price is for plot only, construction price is extra and costs depend on finishes desired. It is anticipated that all approvals will be in place for construction works to commence in 2024.
Please contact us to see the full plans and for a visit to the location.
Amenities
• License for borehole
• Licença de Especialidades in process
• Licença de Construção in process
• Possibility to connect to mains electricity and phone network
Location
• 2km to Santa Catarina da Fonte do Bispo
• 15km to Tavira
• 15km to sea and beaches
• 19km to golf
• 31km to Faro airport
