Land for sale in Ferragudo, Portugal No. 332928

Land in Ferragudo, Portugal No. 332928

5 1

$ 3 621 789

Ferragudo, Portugal

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Parameters

332928

Type

Land

Land area, m²

15620

Property description

HIGH-YIELD INVESTMENT IN THE ALGARVE - APPROVED PROJECT FOR RURAL TOURISM HOTEL WITH SEA AND RIVER VIEWS An exceptional opportunity for visionary investors: plot of 15,620sqm located in Ferragudo, with an approved project for the construction of a rural tourism hotel with 48 rooms. This is a strategic investment to enter one of the most valued tourism markets in Europe, with a prime location and a

HIGH-YIELD INVESTMENT IN THE ALGARVE - APPROVED PROJECT FOR RURAL TOURISM HOTEL WITH SEA AND RIVER VIEWS An exceptional opportunity for visionary investors: plot of 15,620sqm located in Ferragudo, with an approved project for the construction of a rural tourism hotel with 48 rooms. This is a strategic investment to enter one of the most valued tourism markets in Europe, with a prime location and a concept aligned with current trends in sustainable, charming, and nature-based tourism. This plot is situated in one of the most authentic and enchanting areas of the Algarve, offering absolutely stunning views over the sea and the Arade River.

The natural surroundings, peaceful environment, and proximity to beaches, a marina, golf courses, and historic villages make it the perfect location for developing a distinctive and attractive hotel unit, with strong appeal to both national and international tourism. Ferragudo, while maintaining its traditional charm, has been increasingly attracting visitors and investors, becoming a hotspot for high-quality tourism in the Algarve. This is a solid and forward-looking opportunity, with guaranteed profitability and significant potential for appreciation. If you are looking for a secure investment, with high return potential, a prestigious location, and a ready-to-execute project, this is your chance. For more information or to schedule a visit, feel free to contact us! (ref BI-AD2888)

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Statistics Ferragudo

$ 4 641

Price per m²

162

Quality of Life Index

Cost of living Index

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Parameters

[:second_city:]

Faro

Difference

Monthly Rent Cost

1-Room Apartment

$ 1 163

2-Room Apartment

$ 934

Apartment Purchase Price per m²

In the City Center

$ 4 641

Outside the City Center

$ 3 571

Crime Index

Cost of Living and Rent Index

Purchasing Power Index

Property Price to Income Ratio

Safety Index

Traffic CO₂ Index

5958

Traffic Inefficiency Index

141

Rent Index

Health Care Index

Groceries Index

Pollution Index

Traffic Commute Time Index

Restaurant Price Index

Climate Index

Cost of Living Index

Quality of Life Index

162

Traffic Index

120

Restaurants

Meal, Inexpensive Restaurant

$ 14.13

Meal for 2 People, Mid-range Restaurant, Three-course

$ 42.38

McMeal at McDonalds (or Equivalent Combo Meal)

$ 12.36

Domestic Beer (0.5 liter draught)

$ 2.35

Imported Beer (0.33 liter bottle)

$ 2.35

Coke/Pepsi (0.33 liter bottle)

$ 2.35

Water (0.33 liter bottle)

$ 1.65

Cappuccino (regular)

$ 2.00

Markets

Milk (regular), (1 liter)

$ 1.20

Loaf of Fresh White Bread (500g)

$ 1.56

Eggs (regular) (12)

$ 3.39

Local Cheese (1kg)

$ 14.57

Water (1.5 liter bottle)

$ 1.25

Bottle of Wine (Mid-Range)

$ 5.30

Domestic Beer (0.5 liter bottle)

$ 0.98

Imported Beer (0.33 liter bottle)

$ 3.09

Cigarettes 20 Pack (Marlboro)

$ 6.71

Apples (1kg)

$ 2.68

Chicken Fillets (1kg)

$ 6.38

Oranges (1kg)

$ 1.62

Potato (1kg)

$ 1.52

Lettuce (1 head)

$ 1.46

Rice (white), (1kg)

$ 1.86

Tomato (1kg)

$ 2.70

Banana (1kg)

$ 1.35

Onion (1kg)

$ 2.56

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$ 11.43

Transportation

One-way Ticket (Local Transport)

$ 3.53

Monthly Pass (Regular Price)

$ 43.56

Gasoline (1 liter)

$ 2.01

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$ 35 371

Taxi Start (Normal Tariff)

$ 3.89

Taxi 1km (Normal Tariff)

$ 1.18

Taxi 1hour Waiting (Normal Tariff)

$ 22.37

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$ 40 331

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$ 142

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$ 36.50

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$ 20.46

Salaries And Financing

Average Monthly Net Salary (After Tax)

$ 1 435

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult

$ 44.74

Tennis Court Rent (1 Hour on Weekend)

$ 22.37

Cinema, International Release, 1 Seat

$ 11.77

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)

$ 74.56

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$ 39.74

1 Pair of Nike Running Shoes (Mid-Range)

$ 110

1 Pair of Men Leather Business Shoes

$ 108

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$ 482

International Primary School, Yearly for 1 Child

$ 12 766

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