In the West Algarve, an exciting opportunity awaits with this rural plot offering extensive development potential. Spanning 4,690 m², this property is poised for the construction of a rural tourism project, featuring two two-story buildings designed for 14 apartments. Investors can take advantage of the plot's favourable location, only 1.5 km from the sea and close to the vibrant town centre of Ferragudo. With plans including communal amenities like a swimming pool, recreational areas, and parking facilities, this project is perfect for those looking to capitalise on the tourism boom in the Algarve. The proposed rural tourism licence is just awaiting final approval, providing buyers with a chance to craft a unique resort environment. With the potential for strong demand in short-term rentals, this property promises both investment return and lifestyle rewards. Don't miss out on securing your spot in this desirable location; contact us for further information on these rural development opportunities!
• 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
