Land buy in Lagoa Faro

Excellent investment opportunity. Plot with approved project, with the construction license paid for and valid until 2025, being able to immediately start the construction, for a 4 star hotel, less than 500 meters from the sea, in a privileged location, with superb views to the sea, within walking distance from the centre of the picturesque village of Ferragudo where you can find excellent restaurants, cafes, local shops and several beaches such as Praia do Pintadinho, Molhe and Praia Grande. Total constructed area: 2000.00m2; Construction volume: 6000.00m2; Implementation area: 1291.90sq.m; Number of floors: 2; Height: 7,50m; Number of units: 36 accommodation units. For further information please contact us. Ferragudo sits on the mouth of the Arade river, and is said to be one of the prettiest villages in the region. It has a long history, and many vestiges of its past can be seen as you wander around the village. Its cobbled streets are lined with whitewashed houses, given splashes of colour by their vibrant flowers and painted doorways. The harbour is filled with colourful fishing boats and surrounded by some fantastic seafood restaurants and charming cafes. Ferragudo also has a sandy riverside beach with an impressive fortress, Castelo de Sao Joao do Arade, sitting just above it. Property Type: Plot of Land Typology: 0 Bedrooms Objective: Sell Condition: N/A Price: 5 000 000 € Year of Construction: 0 Country: Portugal District: Faro County: Lagoa (Algarve) Parish: Ferragudo Zone: Vale Canada