Development Potential – 72,000 m² Land in FerragudoWith a total area of 72,000 square metres, this exceptional property in Ferragudo, Algarve, offers significantly greater development potential compared to smaller land plots. Its scale, elevated position, and ocean views make it a highly attractive opportunity for tourism, residential, or mixed-use development in one of the region’s most sought-after locations.Key Features of the PropertyPrime Location with Ocean ViewsThe land benefits from a privileged setting with open views toward the Atlantic Ocean, substantially enhancing its appeal for tourism, agritourism, and high-end residential projects.Substantial Development CapacityThe size of the property allows for considerable construction potential, including up to 2,000 m² of buildable area, with the possibility of expansion subject to local planning and municipal regulations. This flexibility enables the development of multiple units, shared amenities, or a cohesive, low-density project.Natural and Rural SettingThe expansive land area supports high-quality, low-density development that integrates harmoniously with the surrounding landscape - an increasingly important factor in modern real estate, sustainability-focused tourism, and premium lifestyle developments.Development Opportunities1. Large-Scale Agritourism ProjectThe property is ideally suited for a premium agritourism concept, combining hospitality, nature, and agricultural experiences. Potential components include:
Multiple rural accommodation units or country houses
A restaurant focused on local and farm-to-table produce
Wellness and recreational areas
Agricultural or experiential tourism activitiesThis model aligns strongly with the growing demand for sustainable, experiential, and nature-based tourism in the Algarve.2. Residential Development or SubdivisionThe scale of the land allows for a low-density residential subdivision, appealing to both permanent residents and second-home buyers. Possible concepts include:
Luxury villas or detached residences
A gated community with shared infrastructure
Small-scale residential resort livingOcean views, tranquillity, and proximity to Ferragudo position this option firmly within the premium residential market.3. Tourism or Resort DevelopmentFor a tourism-driven strategy, the land could support a boutique resort or tourist village, incorporating:
Villas, townhouses, or apartments
Leisure and recreational facilities
Commercial and service areasLuxury tourism and eco-conscious travel remain strong and expanding segments in the Algarve, and the size of the property allows for a well-integrated, high-quality resort concept.4. Mixed-Use Development (Residential + Tourism)A mixed-use approach offers flexibility and risk diversification, combining:
Residential units
Tourist accommodation
Leisure amenities such as pools, restaurants, and wellness facilitiesThis model maximises land value while creating a dynamic, multifunctional destination.Location & Market Advantages
Ferragudo is a picturesque and increasingly sought-after destination, particularly during peak tourism seasons.
Immediate proximity to Portimão and major Algarve attractions ensures excellent accessibility and access to services.
Strong long-term appreciation potential, driven by limited coastal land availability and rising demand for high-quality developments in natural settings.The Village of Ferragudo – Charm & CharacterFerragudo is one of the Algarve’s most authentic and charming fishing villages, renowned for its whitewashed houses, cobblestone streets, and intimate atmosphere. The village maintains its fishing heritage, with a working harbour and daily fresh seafood supply that supports a vibrant local dining scene.Village Highlights
Praça Rainha Dona Leonor, the main square, serves as a lively meeting point with café