This plot is located in the sought-after and chic area of Vale do Lobo, and has an approved project for a 4 bedroom villa with 285m2 distributed over two floors.
With 1140m2 benefits from good accessibility within walking distance of local restaurants, trendy boutiques, well know and championship golf courses and the medical center. Designed by the renowned Portuguese architect Vasco Vieira, the project contemplates an overflow pool, a garage and plenty of outdoor spaces to enjoy the sunny Algarve. Not only is this plot a superb opportunity to develop a very desirable home, it would also generate a great rental income for someone looking more for an investiment.
Vale do Lobo was the first development in the Algarve and is today the largest luxury resort of its kind in Portugal. With a total area of 450 hectares and approximately 1,500 residential and holiday properties, Vale do Lobo Algarve is a self-contained community offering endless facilities and services in a unique ocean-front location. The resort has an enviable portfolio of sports and leisure facilities including two 18-hole golf courses - the Royal and the Ocean - and a diverse line-up of entertainment and events throughout the year, not to mention 24-hour security vigilance and medical assistance. The outstanding facilities and exclusive location make Vale do Lobo Algarve the ultimate year-round family destination.Specifications
- Great location
- Walking distance from main attractions
- Located in a secure area
- Certified for single family home (house)
Property Overview
Reference: | 96233QP |
Type: | Investment Opportunity Development Plot |
Location: | Vale do Lobo |
Plot size: | 1140.00 m2 |
Build size: | 285 m2 |
Bedrooms: | 4 |
Bathrooms: | 4 |
Ownership: | Private |
Energy Rating: | N/A |
Price: | €1,990,000 |