Several properties near Ferragudo present exciting investment potential in the rural tourism market, most notably a specific project set to feature 14 apartments. This development, which includes 10 three-bedroom, 2 two-bedroom, and 2 one-bedroom units, is a prime candidate for anyone looking to invest in holiday rentals in the Algarve. The two buildings will be situated on a generous 4690 m² plot and are designed to include not only residential spaces but also various leisure and communal amenities.
Located just a short distance from Ferragudo, this property is close to beautiful beaches, upscale golf courses, and vibrant local culture—a big plus for attracting tourists. The project awaits approval for a rural tourism license, which will greatly enhance its value and rental appeal. Buyers interested in starting a holiday rental business will be pleased with the proximity to restaurants and shops.
The planned installations—swimming pool, laundry facilities, and lockable storage—are tailored to meet the needs of holidaymakers looking for comfort and convenience. Furthermore, with building plans that allow some degree of flexibility, prospective buyers have room to adapt the project according to their preferences and the market demand. If you’re ready to invest in a property combining potential returns with Algarve's scenic allure, reach out to us for more information and to explore 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
