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Why should I consider buying a home in the developing area of Ferragudo?

Considering buying a home in the developing area of Ferragudo? This charming fishing village presents multiple compelling reasons to make it your next investment. With significant improvements underway, local authorities are transforming Ferragudo into an even more welcoming community, focusing on pedestrian-friendly spaces and increased greenery.

This rejuvenation not only enhances the village's charm but also heightens its appeal to tourists and potential buyers, signalling strong growth prospects for property values. Living in Ferragudo means being part of a tight-knit community, rich in cultural heritage, and surrounded by stunning natural beauty, including the picturesque harbour and proximity to some of the Algarve’s best beaches.

Properties here combine unique traditional elements with the comforts expected in modern homes, making it a desirable destination for anyone seeking a change in lifestyle or an excellent holiday retreat. The developments also include plans for the Ferragudo Marina, which will further elevate the village's status as a fashionable holiday spot and enhance rental opportunities for property owners.

Investing in a home in Ferragudo not only provides an exceptional lifestyle but also presents valuable long-term benefits as the area grows and evolves. Enjoy the serene atmosphere, local restaurants, and the beautiful beaches within easy reach.

Seize the opportunity to become part of this exciting transformation – contact us today to explore available properties and schedule your viewing!

Saturday, 21 April 2018 - Algarve
Why should I consider buying a home in the developing area of Ferragudo?

Ferragudo still retains that original fishing village charm, with one of the most picturesque harbours on the coast and proximity to some of the Algarve's best beaches. It enjoys a laid-back vibe with its white-washed homes, multiple cafes in the main square and boat-adorned shores - all basking in the sun!

The town is situated on top of a hill overlooking the river estuary of Rio Arade. It is also home to the medieval fort of São João de Arade, which used to be the area's watchtower.

 Ferragudo Castle

 

Development in Progress

Ferragudo has been receiving a facelift over the last few years to help create a more welcoming environment for visitors.

The focus of works in the centre of Ferragudo were based on transforming the village into a place dedicated to pedestrians, with an increase in green spaces being promoted by the local council who are responsible for the works.

The works in Ferragudo involve removing all traffic and parking from the downtown area of the village, next to the Largo Rainha D. Leonor and the construction of a new parking area. The works cost between seven and eight million euros with the project expected to be completed in various phases.

A public tender for the works was launched towards the end of 2018 and requalification works also had to be studied by local authorities including the port authorities, the Portuguese environmental agency and mobility experts.

The main square was set to be opened up, with the wall that was/is there being removed, while the surrounding area will be pedestrianized. Along the riverfront, the restaurant grill areas are to be made uniform, however the traditional elements of the local fishermen will not be lost as the council have identified that this remains an integral part of village life and will be preserved and highlighted.

Furthermore, a long-awaited project for construction of Ferragudo Marina is committed to contribute into its development as one of the most fashionable holiday resorts on the Algarve.

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