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€ 2,500,000 £ 2,206,615 $ 2,981,130

Reference PPSS3367

Ferragudo, Western Algarve

Commercial

Built in: n/a

400m2 Build size

€ 6,250 £ 5,516 $ 7,452 / m2 build

44,382m2 Plot size

€ 56 £ 49 $ 66 / m2 plot

Investment project 14200 m² for construction of 19 Townhouses, with existing Villa and restaurant

€ 2,500,000 £ 2,206,615 $ 2,981,130

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Key information

Reference: PPSS3367

Commercial

Ferragudo, Western Algarve

Ownership Status: Private

Built in: n/a

400m2 Build size

€ 6,250 £ 5,516 $ 7,452 / m2 build

44,382m2 Plot size

€ 56 £ 49 $ 66 / m2 plot

This is a unique investment opportunity, comprising of three properties being sold together.

1. The first property is a detached villa with seaviews. 3 bedrooms, 3 bathrooms, combined living / dining room, kitchen, swimming pool, double garage and an additional room upstairs for an atelier, storage, or other function. The villa has 245 m2, and the land 3492 m2.

2. The second property is a plot of land with seaviews, with a total of 14,280 m2 for construction of a rural tourism complex of 19 apartment units.

3. Restaurant in full operation and with great reputation with parking area, children´s playground. Within 600 metres from the beach. It has an area of 148 m2. These properties are within 600 metres from the beach and are being sold only as a whole investment. 

Features

  • Near bars / restaurants
  • Near shops
  • Near the beach

Key information

Reference: PPSS3367

Commercial

Ferragudo, Western Algarve

Ownership Status: Private

Built in: n/a

400m2 Build size

€ 6,250 £ 5,516 $ 7,452 / m2 build

44,382m2 Plot size

€ 56 £ 49 $ 66 / m2 plot

The location: Ferragudo, Western Algarve

Ferragudo is located across the river estuary of Rio Arade, on the opposite side of the neighbouring bigger city of Portimão.

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Yours sincerely,
Kesinee Pornnimit

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