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Ferragudo, Algarve, Portugal

£2,214,750
€2,500,000
Spy Manor Real Estate, lda, Portugal
PROPERTY TYPE

Ruins

BEDROOMS

10

SIZE

10,764 sq ft

1,000 sq m

Key features

  • Sea View
  • Project
  • Caneiros Beach
  • Ferragudo

Description

Situated near the picturesque Caneiros Beach in Ferragudo, this exceptional 4180 sqm 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 300 sqm above ground and 300 sqm basement, or a single villa with 500 sqm above ground plus 500 sqm 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 lifestyle-and business potential-defined by luxury, serenity, and stunning ocean vistas.

Ferragudo, Algarve, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    31.8 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Spy Manor Real Estate, lda, Portugal

Notes

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This is a property advertisement provided and maintained by Spy Manor Real Estate, lda, Portugal (reference Spy-00130) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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