Land With Approved Project For Rural Tourism Development In Ferragudo

Land with approved project for rural tourism development in Ferragudo

Excellent investment opportunity in the municipality of Lagoa, in a prime location in Ferragudo, Algarve. The property consists of a large plot of approximately 15,620 sqm, situated in a quiet area surrounded by nature, yet with easy access to beaches, golf courses, dining, and main roadways in the region.

The land has an approved project for the construction of a rural tourism unit, allowing the development of a tourist enterprise with about 48 rooms spread over two floors. The project also includes approximately 2,000 sqm of above-ground construction, complemented by around 806 sqm of basement space, which can accommodate parking, technical areas, and support zones for the operation of the enterprise.

The project design aims to take advantage of the natural features of the site, prioritizing the integration of the future development into the landscape and offering guests an environment of tranquility, privacy, and contact with nature.

Location is another key strength. Ferragudo is close to some of the most sought-after beaches in the Algarve and benefits from proximity to Portimão, Lagoa, restaurants, shops, services, and tourist facilities. Faro International Airport is also within accessible distance.

This is a particularly attractive opportunity for investors looking to develop an already approved tourism project, reducing the complexity associated with the licensing phase and allowing focus on the realization of the development.

Due to the size of the land, location, and existing project, the property offers potential for various investment strategies, from direct operation of the tourist unit to partnerships with specialized operators or future sale of the development.

Main features:
- Land of approximately 15,620 sqm
- Approved project
- Estimated 48 rooms
- About 2,000 sqm of above-ground construction
- Around 806 sqm of basement
- Location in Ferragudo, Lagoa
- Close to beaches, golf, dining, and services
- Quiet area with strong tourist appeal
- Excellent potential for rural tourism development

An opportunity to invest in one of the Algarve’s most sought-after tourist areas, with a project already approved and ready to move to the next phase.

(ref PR-CS-TU-95704_S)