You can purchase a unique rural tourism property located in Ferragudo, featuring two buildings with a total of 14 apartments. This project includes 10 three-bedroom units, 2 two-bedroom units, and 2 one-bedroom units, making it ideal for investors seeking diverse rental options. Set on a spacious 4690 m² plot, with a 2000 m² construction area, this property has a pending rural tourism license and ample space for amenities such as a swimming pool, commercial area, and underground parking.
Situated just 1.5 km from the sea and close to Ferragudo's vibrant centre, you’re perfectly positioned to attract holidaymakers and longer-term tenants alike. Additionally, the partial views of Gramacho Golf enhance its appeal to golfing enthusiasts. The property is only 5 minutes drive from two of the Algarve's most renowned golf courses, making it a prime investment opportunity.
With planning flexibility, you can modify the original design to incorporate more units if desired. The entire area is surrounded by high-quality restaurants and shopping options, contributing to a desirable lifestyle for potential renters. The nearby beach, just 2.4 km away, is an added attraction that enhances the property's rental potential. This rural tourism project is a solid investment choice for buyers looking to capitalise on Algarve's thriving tourism scene.
Seize this opportunity to transform your investment vision into reality. Contact us today for further details and to arrange a viewing!
• 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