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6 Unique Projects in Central Location

In Parchal, Lagoa

project,rental investments,property for sale portugal ,algarve portugal

  • 243.35 m2
915.000 €

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6 Unique Projects in Central Location

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6 Unique Projects in Central Location

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6 Unique Projects in Central Location


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Development for sale in Parchal

A unique opportunity to invest in six plots of land all situated next to each other and can be found in Parchal. just ten minutes from the centre of Ferragudo. Each plot offers it own project making it ideal for those looking at long term investments.

One of the plots has authorisation to build a two storey villa where as the remaining plots have authorisation to build a blot of four apartments, each comprised of two T2 apartments and two T3 apartments. You can either build each project individually or at the same time, this is entirely down to the buyer. 

Ferragudo is a civil parish situated in West Algarve, at the border of Lagoa, and is a beautiful village close to the Atlantic Ocean. With exception beaches and natural conditions, homes and villages are located in a place ideal for a quiet holiday, someone to relocate permanently or as a rental investment to generate an additional income.  


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... 

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Property Details

  • Reference IDH30780
  • Type Development
  • Bedroom(s) -
  • Bathroom(s) -
  • House area 243.35 m2
  • Land area 1472 m2
  • Zone Parchal
  • Region Faro
  • Features:
  • Country View
  • Surrounding View
  • City View
  • Central location
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Parking Space
  • Private Parking