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Other for sale in Estombar e Parchal, Portugal

1 100 000€

Estômbar e Parchal

Features

  • 4690 m² of land (50483 sqFt)
  • N/C

Property description

Located in the charming village of Estômbar e Parchal, this expansive plot of land covers 4,690 square meters and boasts a construction project for a rural tourism development. With a planned 15 houses spread over two floors, this property offers a unique investment opportunity in the heart of the Algarve. The proposed project includes a variety of rental units, ranging from 1 to 3 bedrooms, as well as amenities such as a front desk, swimming pool, bar, and underground garage. The property also benefits from a convenient location, just a short drive from some of the region's best golf courses, restaurants, and shops. The price of 1,100,000 reflects the potential for a successful rural tourism business in a sought-after area of the Algarve. With a rural tourism license awaiting approval, this property presents a promising opportunity for those looking to invest in the vibrant tourism market of the region. Don't miss out on the chance to own a piece of paradise in this beautiful corner of Portugal.

Location

Estômbar e Parchal

Date added: 23.09.2024

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