Investing in a rural tourism project in Ferragudo offers a fantastic opportunity to tap into Algarve's thriving tourism market. This project is currently available for sale, featuring a substantial plot of 4690 m² with a construction plan for two buildings, consisting of 14 rental apartments. The proposed layout includes 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, specifically designed to attract tourists seeking a peaceful getaway close to the coast, just 1.5km from the sea and 2.4km from the nearest beach. Set on the outskirts of the idyllic fishing town of Ferragudo, this location is a mere 5-minute drive from excellent restaurants and shops, making it ideally suited for hospitality development. The project includes essential amenities such as an underground garage, outdoor parking, and ample green areas, promising a comfortable experience for guests. The rural tourism license is awaiting final approval, representing a critical step towards achieving operational status. It's also worth noting that potential investors can adjust the plans before construction commences, offering further flexibility. Not only is this project poised to benefit from the high demand for short-term rentals in the Algarve, but the proximity to popular attractions like Gramacho golf course enhances its appeal. Given all these advantages, this investment is perfect for buyers looking to carve out a niche in the lucrative tourism sector. Don’t miss out on this chance to expand your portfolio in one of Portugal's most sought-after regions. Contact us today to learn more about this investment opportunity!
• 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
