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Ferragudo
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Why invest in a property with a rural tourism license near the beach?

Plot in Estômbar

ref. LE1315
1.100.000€
  • NA
  • 36
  • 41
  • 4.690m2
  • Building Plot

Investing in a property with a rural tourism license near the beach is an excellent opportunity to tap into the thriving tourism market of Algarve, and this Ferragudo project stands out. With the nearest beach only 2.4 km away, this strategically located project is poised to attract numerous holidaymakers seeking a relaxing getaway in a tranquil setting.

This rural tourism project consists of 14 rental units, including 10 three-bedroom apartments, 2 two-bedroom units, and 2 one-bedroom units, designed to meet varied guest needs. Furthermore, it sits on a spacious plot of 4690 m², allowing for substantial development potential. The inclusion of essential amenities such as a swimming pool, recreational room, and underground parking add to the property's allure, ensuring a comfortable experience for guests.

Being just a five-minute drive from Ferragudo's charming centre, visitors can enjoy local shops, quality restaurants, and cultural attractions while being close to serene coastal experiences. Additionally, the allure of golf courses nearby adds further entertainment options, drawing in families and golfers alike. The property's expected rural tourism license brings added value, which opens the door to lucrative rental income and caters to the growing demand for tourist accommodation.

Investing in such properties ensures lasting value and an appealing ROI due to Algarve’s renowned holiday status. Whether you're looking for a personal retreat or a business opportunity, this project presents both aspects beautifully. Capture this rare chance by contacting us to discuss your potential investment!'

Usage
Residential
Type
Plot
Town
Estômbar
Parish
Estômbar e Parchal
Municipality
Lagoa, Faro
Region
Algarve (Central)
Bedrooms
36
Bathrooms
41
Floors
2
Usable area
2.000 m²
Plot Area
4.690 m²
Tarmac
Storage, Laundry, Pantry, Office/Study
Sound System
Golf View, Countryside View
Building Plots
• 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
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