€950,000

Five minutes from the centre of Ferragudo is this Commercial Land For Sale In Ferragudo. With approval for the construction of a single property with up to 20 bedrooms, this is indeed an excellent opportunity for building a hostel or B&B. The plot has approval for a single property with up to 20 bedrooms as well as living areas, basement parking and maintenance/service areas to create a luxury and fully functional hostel or B&B. The plot itself is located in a residential area just 5 minutes from the centre of Ferragudo. Ferragudo is one of the most beautiful villages by the sea that can be found in all of the Algarve. Across the Rio Arade from busy Portimão, this fishing village has truly retained its charm. Likewise, the wonderful beaches, villas, and other accommodations make Ferragudo a region of recognized beauty. It, therefore, remains a pleasant place, ideal for a quiet holiday and for business operations. In conclusion, this Commercial Land For Sale In Ferragudo is a great investment for someone looking to build a luxury and fully functional hostel or B&B in an up-and-coming city. Contact Us to discover this commercial plot of land.