Description
Situated near the picturesque Caneiros Beach in Ferragudo, this exceptional 4180sqm lot offers a rare opportunity for development in one of the Algarve's most sought-after coastal settings. With its prime front-line sea view, the property is perfectly positioned for those seeking to create an exclusive seaside retreat or an attractive commercial venture.
The property comes with an approved project to build a restaurant, making it an immediate opportunity for investors or entrepreneurs looking to capitalise on the high demand for quality dining experiences in this popular area.
Alternatively, the property allows for the construction of two detached villas, each with 300sqm above ground and 300sqm basement, or a single villa with 500sqm above ground plus 500sqm basement. This flexibility provides future owners or developers with multiple design and investment options on a single, spectacular site.
The generous building allowance offers a wide range of possibilities to suit individual visions and needs, whether you imagine a modern architectural statement, a traditional Algarve-style villa, a thriving seafront restaurant, or a harmonious blend of residential and commercial spaces.
The breathtaking sea views and proximity to Caneiros Beach ensure that any development will enjoy an unrivalled setting of natural beauty and coastal tranquillity.
This is a truly unique investment opportunity in one of Ferragudo's most desirable locations, promising a lifestyleand business potentialdefined by luxury, serenity, and stunning ocean vistas.
