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Plot of Land with Panoramic Views

In Ferragudo, Lagoa

plot of land for sale,portugal property,real estate agency algarve,rental investment,development

  • 681.48 m2
1.280.000 €

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Plot of Land with Panoramic Views

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Plot of Land with Panoramic Views

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Plot of Land with Panoramic Views

Description

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Land for sale in Ferragudo

A great investment opportunity to purchase a plot of land, in Ferragudo, comprised of pre-approval for three unique villas to be built with private garages and swimming pools. Providing an extremely lucrative way to generate an additional income, especially with Portugal's tourism and real estate markets on the rise.


New owners can look to have another project approved if they have something more unique in mind or they can continue with the plans already in place for the villas. These include either two or three bedroom villas, all offering panoramic river views over the charming fisherman's village, the Arade River, and Portimão’s marina, not forgetting the Atlantic Ocean and Monchique mountains.


A location such as this is in high demand and will not be on the market for long, with many individuals looking to purchase property in Portugal to grow their portfolios, or make additional income through holiday rentals.


Situated just a short distance away from all local amenities, award winning beaches, and the centre of Ferragudo, offering a quiet location within a private residential environment.


Ferragudo is one of the most beautiful silhouettes of village by the sea that can be found in all the Algarve. To the wonderful beaches and exceptional natural conditions that can be found, the villas, the villages and other accommodation units are allied, making Ferragudo a region of recognised beauty, in a pleasant place and ideal for a quiet holiday.


 

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Property Details

  • Reference IDH31256
  • Type Land
  • House area 318.89 m2
  • Land area 681.48 m2
  • Zone Ferragudo
  • Region Faro
  • Features:
  • Country View
  • Surrounding View
  • Central location
  • Popular Resort
  • Near Markets
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools