Land in Ferragudo, Lagoa (Algarve)Lagoa (Algarve), Faro

Plot for Sale with Approved Project for a 20-Room Hostel – Ferragudo An exclusive opportunity to acquire a construction plot in the centre of Ferragudo, located on Rua da Hortinha, with an approved architectural project for a hostel and construction licence included. The project foresees a modern and functional hostel with: • 20 guest rooms • Communal living room • Laundry facilities • Underground parking All designed to maximise comfort, capacity and profitability in one of the Alg...Plot for Sale with Approved Project for a 20-Room Hostel – Ferragudo An exclusive opportunity to acquire a construction plot in the centre of Ferragudo, located on Rua da Hortinha, with an approved architectural project for a hostel and construction licence included. The project foresees a modern and functional hostel with: • 20 guest rooms • Communal living room • Laundry facilities • Underground parking All designed to maximise comfort, capacity and profitability in one of the Algarve’s most charming and fast-growing coastal villages. Property Details • Total plot area: 720 m² • Construction footprint: 65 m² • Gross construction area: 91 m² (expandable according to the approved project) • Location: Ferragudo, Lagoa – walking distance to the centre, services, restaurants and beaches • Land classification: Urban construction plot Why this property stands out • Approved project ready to start, reducing time, bureaucracy and investment risk • Construction licence included • High demand in the region for boutique accommodation, guesthouses and hostels • Excellent opportunity for investors, developers, or operators in hospitality • Located in one of the Algarve’s most sought-after coastal villages Location Advantage Ferragudo is one of the Algarve’s most picturesque and authentic destinations, attracting year-round tourism. Its strategic location near Portimão, the riverfront and the beaches enhances the investment potential of this hospitality project. ;ID RE/MAX: 122881296-9