Approved apartment project in center of Ferragudo

€285,000 eur


In the charming, safe, and quiet, historic center of Ferragudo, which evokes times of grandeur and elegance, with its atmosphere of a city built on the water’s edge.

Ferragudo has many reasons of interest associated with history, beach, mountains, traditions, Rio Arade, Praia dos Caneiros, tasty fresh fish, wine, and people who delight and seduce with hospitality.

Ferragudo is a small fishing village with outstanding views of the river, the city of Portimão, and the ocean. A fisherman town located on the center of Algarve with outstanding beaches and elegant restaurants and cafes with delicious food. A paradise that has been discovered by the tourists gradually each year. No needed to say the urgent for hospitality spaces are in here. Thinking about investing in a village which is a unicorn in its sort? Maybe Enneking Premium Real Estate has the answer for an opportunity for you…

Contemporary style apartment project which can also be used as guesthouse

In the heart of Ferragudo, with enormous potential, to build a stunning project with 3 independent apartments consisting of the ground floor, 1st floor and 2nd floor, 3 rooms, 3-bathroom, 3 kitchen, 3 living areas, a studio area, a terrace, and a common rooftop.

This guesthouse is divided into three independent apartments where each of which has a private kitchen, dining room, living room, bedroom, and bathroom to make sure every guest finds comfort and privacy during their vacations.

On the ground floor, you will find the bedroom of the pink duplex apartment and a separated open space that can be used for a storage room, a studio, a reception area, an office, or as a food bank for people in need.

On the first floor, there are the pink living area, bathroom, and kitchen from the pink duplex apartment on one side and on the other side the blue apartment with a bedroom, bathroom, kitchen, dining room, and living area.

On the second floor is where the last apartment is, the yellow apartment, with a bedroom, bathroom, living area, dining area, kitchen, and a private terrace.

One of the main advantages of this building corresponds to the easy access to the train station, beaches, supermarkets and restaurants since is located in the center of Ferragudo.

This is an excellent investment opportunity to acquire an entire building on a premium location in Ferragudo, the possibility of transformation into a premium guesthouse or apartments in a private condominium.

A village 10min away from the city of Portimão and Lagoa and 40min from the Airport.

Don’t miss this investment opportunity! Book a viewing now!

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(+351) 282 109 509