Description
We present an excellent plot of 720 m², located in the heart of the picturesque village of Ferragudo, in the Algarve, with an approved project for the construction of a modern hostel.
The project includes the construction of a 3-storey building with 20 rooms, all with private bathrooms, as well as a large living room, laundry, storage rooms and underground parking.
At the top, a terrace offers a 360º panoramic view over the village and the countryside.
Property Features:
Land Size: 720 m²
Approved Project: Hostel with 20 ensuite rooms, living room, kitchen, laundry, parking and storage rooms.
Location: Just 500 meters from the beautiful beaches of Ferragudo and a 10-minute walk from the village centre, surrounded by restaurants, cafes and other essential services.
Ferragudo is one of the most charming and traditional villages in the Algarve, known for its narrow streets, whitewashed houses, and a tranquil atmosphere, ideal for those looking for a seaside getaway.
The village is located at the mouth of the Arade River, opposite Portimao, and offers easy access to several beaches, such as Praia Grande, Pintadinho and Caneiros, as well as an excellent leisure and gastronomic offer.
Main distances:
Ferragudo beaches: 500 meters
Portimao: 10 km
Faro Airport: 67.4 km
A22 motorway: 9.4 km
The Algarve, famous for its stunning beaches and mild climate, is a popular tourist destination for both Portuguese and international tourists.
With a constantly growing real estate market and a strong demand for quality accommodation, this is an unmissable opportunity for anyone looking to invest in the hospitality sector.
Schedule your visit now and discover the potential of this project!
Energy Rating: Exempt
