Choose your country

Or view all businesses for sale



Plot Approved Project Hostel In Central Ferragudo For Sale

Ferragudo, Faro, Portugal
Asking Price:
Sales Revenue:
Available on request
Cash Flow:
Available on request

Plot with an approved project for the first hostel in Ferragudo, consisting of 20 en-suite rooms, each with private terraces. Centrally located within walking distance to beaches and amenities.

• Eligible for Golden Visa
• Approved project
• 20 en-suite rooms with private terraces
• 60 beds
• Underground parking
• Plot 720m²
• Nearest beach 400m

Superbly located plot in the heart of Ferragudo with an approved project to construct a 3-story, 20 bedroom hostel.

Ferragudo is a small, attractive fishing town located on the mouth of the River Arade and has a close-knit community of Portuguese and ex pats alike.

Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings, and a warren of cobbled streets.

Located directly on the riverfront, there are many cafes, bars, and restaurants where you can not only eat the catch of the day but also watch it being unloaded. For such a small town there are many focal points, including the church, which sits prominently on the top of the hill in the center of the town.

The 16th century medieval castle, Castelo de Sao Joao, is located on Angrinha Beach. and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches, ranging from small and sleepy to the aptly named, Praia Grande, where you can partake in a number of water sports and activities.

The building consists of an underground garage with space for 11 cars and 5 storage rooms. The ground floor has two public WCs, a communal living room, laundry, service, and storage areas, 6 individual en-suite bedrooms containing 3 beds, each with its own private terrace. The first floor consists of a further 8 individual en-suite bedrooms with private bathrooms and terraces. There is a further storage room and atrium on the roof.

Property Information

Real Estate:

Real Property Included