This website uses cookies to ensure you get the best experience on our website   More info
Need Help?

Project to build 8 luxury apartments on the edge of town

In Ferragudo, Lagoa

algarve property for sale,investment property portugal,portugal property

  • 665 m2
480.000 €

Make an Offer

Project to build 8 luxury apartments on the edge of town

Book a Time to View

Project to build 8 luxury apartments on the edge of town

Know more about this property

Project to build 8 luxury apartments on the edge of town


Download our buying guide

Development for sale in Ferragudo

Here is an opportunity for the budding investor looking to take on slightly larger scale projects. The approved project currently allows for the construction of 8 apartments, 2 x T0 units, 5 x T1 units and 1 x T2.  

There is also the approval for private and secure parking in the basement level of the properties.  

The plot itself is located just 5 minutes from the centre of Ferragudo, one of the most beautiful silhouettes of village by the sea that can be found in all the Algarve.


With the increase of the canning industry, at the beginning of the last century, Ferragudo became a prosperous village, disputing the first positions in the national fishing market. Golden times that ended with the decline of industry, late, unable to keep up with new technologies, making it unprofitable.

Today, Ferragudo continues to live from the sea but in a different perspective. Tourism has set in, bringing with it progress and wealth from overseas. 


We're still open for business and are able to help you with your search for a property in Portugal. Get in touch to organise a video tour with one of our consultants enabling you to be able to ask any questions you need to while viewing properties virtually. 


Check out our latest reduced properties in our "Online Sale", offering properties for sale across the Algarve now's the time to bag a bargain! 


Want better exchange rates? Get in touch with the experts at Moving Currency to learn how you can save yourself money when purchasing a property abroad, transferring funds and paying bills and employees.

Advantages of Buying & Living in Portugal


Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here



 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live


More Info... 

Stay up to date on great properties with our Newsletter and follow us on Facebook - If you are looking for Property for Sale in Portugal and the Algarve Ideal Homes Portugal are the company for you.

Property Details

  • Reference IDH30778
  • Type Development
  • Certification In process
  • Bedroom(s) -
  • Bathroom(s) -
  • House area 665 m2
  • Land area 665 m2
  • Zone Ferragudo
  • Region Faro
  • Features: