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Building Plot With Permission for Up to Four Villas Walking Distance to the Beach in Ferragudo, Algarve
€320,000
Building Plot With Permission for Up to Four Villas Walking Distance to the Beach for sale in Ferragudo, Algarve
€320,000
This is a great opportunity for investment in a prime location with permission granted for construction of up to four linked villas on a total plot of 874m2. Two of the villas are slightly elevated and will enjoy fabulous views and the lower two villas will have easy access to the main beach road. Each can have its own plunge pool and garden.
Although planning permission is currently lapsed, this project could easily be re-instated or alternatively you could plan your own design for less properties such as two detached villas with their own pools. The original design is for two-storey villas with living on the ground floor and bedrooms upstairs. The services and drains are all ready to be connected to each villa.
This is a highly sought after area, walking distance to the beautiful beach of Praia Grande with cafés and restaurants as well as into the village of Ferragudo with its daily market, bakeries, cafés and restaurants. From Ferragudo there is a water taxi across the Arade River to Portimao making it easy to access an even greater variety of restaurants and shops. Pestana's Gramacho golf course is just a few minutes drive and Faro airport is 67km.
- building plot with permission for up to four linked villas
- walking distance to ferragudo with restaurants and beach
- great investment opportunity
- 874 m² plot area
