Land With Approval For 22 Villas Plus 39 Apartments In Lagos Algarve
Land With Approval For 22 Villas Plus 39 Apartments In…
For Sale
€8,500,000
Properties for sale in the Algarve – Gatehouse International
Properties for sale in the Algarve – Gatehouse International
Properties for sale in the Algarve – Gatehouse International
Ferrel, Praia da Luz, Portugal
For Sale
€9,000,000
Turnkey Holiday Resort with 29 Villas for Sale Near Praia da Luz, Algarve
Set on an expansive 30,000m² plot in the peaceful Ferrel area just 5 minutes from Praia da Luz and the beach, this fully operational holiday resort is a rare investment opportunity in the Algarve. Featuring 29 furnished villas and an array of on-site amenities — including a restaurant, swimming pool, gym, and multiple sports facilities — the resort is ready for immediate operation or further development.
Key Features:
Total plot size: 30,000m²
29 fully furnished and equipped villas with private terraces
On-site restaurant and bar areas
Large communal swimming pool + children’s pool
Gym, football field, beach volleyball, and tennis court
Kids’ play area and extensive landscaped gardens
Air conditioning, alarm system, and fitted kitchens in all units
The resort offers a complete leisure experience for families, groups, and long-stay guests. Each villa is tastefully decorated and includes its own kitchen, terrace, and en-suite bedrooms. Communal facilities ensure a memorable holiday experience, with everything from sports and fitness to dining and children’s entertainment provided on-site.
Location Highlights:
Located in the Ferrel countryside just outside Praia da Luz, the resort enjoys both tranquillity and convenience. Praia da Luz is a vibrant and cosmopolitan beach town, famous for its calm waters, golden sands, and historic charm. The town centre is just a short drive away, offering supermarkets, restaurants, and coastal paths. Faro International Airport is within 1 hour, making this an attractive destination for both domestic and international guests.
Why This Property Stands Out:
Fully operational and ready-to-run resort business
Excellent location near beaches, golf, and tourism hotspots
Diverse on-site amenities catering to all age groups
High potential for rental income and tourism investment
With its blend of comfort, facilities, and location, this holiday resort in Praia da Luz represents a rare chance to acquire a turnkey business in the heart of the Algarve’s thriving tourism market.
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Praia da Luz is a charming coastal village in the Western Algarve, known for its welcoming atmosphere, beautiful beaches, and iconic Black Rock cliff formation — a volcanic feature stretching from the Monchique Mountains to the sea.
Once a thriving fishing town, Luz is now a laid-back resort with a cosmopolitan vibe, offering a mix of traditional restaurants, modern amenities, and relaxed beach living. The area is well-connected, with Lagos just 10 minutes away and Faro Airport reachable in about an hour.
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*Please note all map pins are approximate not the exact location.
Land With Approval For 22 Villas Plus 39 Apartments In…
€8,500,000
East Algarve Luxury Villa For Sale
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