FacebookPixel Urban Land with Approved Project for Hostel - Ferragudo

Urban Land with Approved Project for Hostel - Ferragudo

Lagoa (Algarve), Ferragudo

Urban Land with Approved Project for Hostel - Ferragudo
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Urban Land with Approved Project for Hostel - Ferragudo 950.000 € Ref: T331
720 m²
Excellent investment opportunity in the center of the village of Ferragudo, with an approved project and issued building permit for the development of a modern hostel with 20 suites.
The project is fully licensed, with all municipal fees settled, allowing construction to begin immediately. The architectural proposal features a functional and contemporary building designed to meet the growing demand for quality tourist accommodation in the Algarve.
Features
  • Urban land of 720 m²
  • Approved project for Tourist Accommodation / Hostel
  • Building with basement, ground floor, 1st and 2nd floors
  • 20 en‑suite rooms
  • Reception and common guest areas
  • Lounge area
  • Laundry and service spaces
  • Technical areas and storage
  • Basement parking
  • Large rooftop terrace with 360º panoramic views
Surroundings
  • Less than 500 meters from the beaches (Praia da Angrinha and Praia Grande)
  • Close to the riverside area, historic center, restaurants and shops
  • Easy access to Portimão, Carvoeiro, marinas and golf courses
  • Area with strong national and international tourist demand year‑round
Key Strengths
  • Approved project ready to build
  • Premium location in one of the most sought‑after villages in the Algarve
  • Ideal for boutique hostel or modern tourist unit
  • Excellent opportunity for tourism sector investors
A rare opportunity to develop a tourist project in a privileged location, combining centrality, proximity to the sea and high value‑creation potential.
Property type N/A
Typology 0 Bedrooms
Objective Sale
Condition On Project
Price 950.000 €
Year of Construction N/A
Country Portugal
District Faro
Town Lagoa (Algarve)
Parish Lagoa e Carvoeiro
Zone Ferragudo
Andre Koning
Andre Koning
Chamada para a rede móvel nacional
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General Characteristics
General
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Divisions
Divisions Area Floor Walls Ceilings Comments
 
Environment
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Domotic System (Home automation)
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