Development Opportunity in Central Ferragudo with Approved Project
€1,800,000
House
property type
1 week ago
listed
The Habio take
AI summaryThis property in Ferragudo offers an approved project for redevelopment, presenting a unique investment opportunity in an excellent location. Close to stunning beaches, golf courses, and local attractions, it’s perfect for those looking to create multiple accommodation units.
- investment
- beach
- golf
Highlights
- Approved project for redevelopment
- Multiple accommodation units possible
- Prime location near beaches and golf courses
- Investment opportunity in a popular area
- Proximity to tourist attractions
Good fit for: Best suited for investors or developers looking to capitalise on Ferragudo's tourism potential.
Lifestyle scores
- Beach
- 80
- Walkable
- 65
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 70
- Investment
- 85
- Luxury
- 75
- Value
- 55
About this place
This house in Ferragudo comes with an approved project and necessary licences, allowing for the construction of several accommodation units. Situated in a prime location, the property is near tourist attractions, golf courses, and beautiful beaches, making it an appealing choice for potential investors or developers.
This is an excellent opportunity to capitalise on Ferragudo's charm and growing popularity, promising both personal enjoyment and profitable investment.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
