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Algarve, Ferragudo, Portugal

€875,000
Togofor-Homes, Algarve
PROPERTY TYPE
Plot
BEDROOMS
×20
BATHROOMS
×20

Key features

  • PARKING: Underground Garage, Autom. Garage Door, Parking outdoors
  • EXTERIOR: BBQ
  • VIEWS: Town View

Property description

INVESTMENT OPPORTUNITY - Plot with approved project for the first hostel in central Ferragudo

• Approved project
• 20 en-suite rooms with private terraces
• 60 beds
• Underground parking
• Plot 720m²

Superbly located plot in the heart of Ferragudo with an approved project to construct a 3 story 20 bedroom hostel.

Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close nit community of Portuguese and ex pats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach. and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.

The building consists of an underground garage with space for 11 cars and 5 storage rooms. The ground floor has two public WCs, a communal living room, laundry and service and storage areas, 6 individual en-suite bedrooms containing 3 beds, each having its own private terrace. The first floor consists of a further 8 individual en-suite bedrooms with private bathrooms and terraces. There is a further storage room and atrium on the roof.

Amenities:

• 8 storage rooms
• Atrium
• Communal living room

Location:

• Distance to sea 350m
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m

Property Ref: VM1279

Brochures

Property Website Property Detailed Brochure

Algarve, Ferragudo, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    31.8 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

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

About the agent

Togofor-Homes, Algarve

Togofor-Homes Lda is a licensed real estate agency (AMI 6902) which has successfully sold properties throughout the entire Algarve region since 2005.

Our multi-lingual professional team of 20 people is skilled in providing exceptional customer service. By maintaining our customer based concept and blending this with a strong focus on marketing we have grown each year to become one of the biggest agencies covering the Algarve.

Our extensive portfolio which covers all types, locatio

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Togofor-Homes, Algarve (reference 91165_VM1279) 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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