Approved Development Plot with Sea Views near Ferragudo
€1,350,000
- Land
- Type
- 4 weeks ago
- Listed
The Habio take
This 4,690m² plot in a picturesque valley near Ferragudo comes with an approved project for rural tourism. It offers expansive views over the valley, Ferragudo, and the sea, making it a prime investment opportunity.
- investment
- golf
- rural
- tourism
- mountains
Highlights
- Approved project for rural tourism
- Expansive sea and valley views
- Close to Pestana Golf Resort
- Opportunity for custom modifications
- Large plot size of 4,690m²
- Includes communal leisure facilities
Good fit for: Ideal for investors looking to develop a boutique resort.
Lifestyle scores
- Beach
- 60
- Walkable
- 40
- Remote work
- 65
- Family
- 50
- Retirement
- 70
- Airport access
- 75
- Investment
- 85
- Luxury
- 80
- Value
- 70
About this place
This outstanding plot of land measures 4,690m², boasting an approved project for rural tourism situated in the beautiful valley of Ferragudo, close to the renowned Pestana Golf Resort. The location benefits from excellent solar exposure, ensuring bright and inviting spaces.
The approved project includes plans for 15 accommodation units, comprising a total of 39 rooms. Each unit is designed with a kitchen and living area, alongside communal spaces featuring a bar and dining area. Additional amenities span an outdoor leisure area with a swimming pool and various gardens, as well as underground parking equipped with technical zones and storage.
While the project is set, modifications can be made, presenting a remarkable opportunity to create a personal resort experience.
What this place offers
- swimming pool
- parking
Getting around
- Excellent water quality
Nearest beach · Ferragudo
~7 min drive · 3.3 km
Portimão (PRM)
~14 min drive · 9.2 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Ferragudo, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 8 km
- Also close
- Faro (FAO)
- 49 km
- Nearest city
- Setúbal
- 161 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
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
