Between the charm of Ferragudo and the elegance of Carvoeiro, this unique 43,720 m² property offers a rare investment opportunity in the Algarve. Overlooking the Atlantic and close to the iconic Praia dos Caneiros, the land combines 2,240 m² of urban area with 41,480 m² of rural area, allowing for balanced development between accommodation, leisure and nature. Suggested option 1 - Possibility of construction with a footprint of 2000.00 m² x 2 floors, if for a tourist unit. Suggested option 2 - For private individuals, a house with 200.00 m² x 2 floors, with a huge surplus area, guarantees tranquility and privacy. At the center of the property stands a single-story house dating from the late 19th century (approx. 200 m²), ideal for rehabilitation with architectural character, plus 78 m² in annexes, garage and storage rooms. The existence of a cistern, threshing floor, and vast landscaped areas makes this the perfect location for a charming tourist development, eco-resort, event venue, or private luxury retreat, or your own private farm, and excellent for a project to your liking. Surrounded by nature, with the Atlantic as a backdrop. Additional potential: Creation of a green area, infinity pool, tennis courts, vineyards, almond grove, or organic vegetable garden. An environment of total privacy, tranquility, and peace. Just minutes from numerous beaches, golf courses, and the most exclusive villages in the Algarve. We look forward to your inquiries and scheduling a visit to this unique opportunity! We share this property with any agent or agency with a valid AMI license.