We present an excellent investment opportunity in the heart of Ferragudo. Land with 140sqm, already with existing construction, located in the centre of the village, a privileged area with great appreciation. The property will be sold with an approved project for: * House with 5 bedrooms, all en suite or * Construction of 2 flats A versatile solution, ideal for both rental income and owner-occupancy. Ferragudo, in the municipality of Lagoa, is located between Portimão and Carvoeiro, and stands out for its peaceful, welcoming and authentic atmosphere. A charming fishing village, perfect for those seeking quality of life in the Algarve, away from the hustle and bustle of the more touristy areas. The area offers excellent beaches, a wide range of restaurants and various leisure and entertainment options. * Central location * Approved project * Excellent investment potential Don't miss this unique opportunity. Book your visit now! Features: Balcony Phone Line Wardrobes Storage Room Air Conditioning Light Water City Gas Tv Fire Alarm Food Pantry Adapted Pmr Clear Views Adapted Housing Urbanizacion Hospitals Train Golf Coastal Area Buses Shopping Centers Tram Playground Schools Supermarkets