A delightful plot with a fully approved project located in the heart of the renowned Vale do Lobo resort, enjoying an elevated position over the 6th hole of the Royal course.
An exciting opportunity to build a brand new contemporary family residence, designed by renowned architect João Cabrita. The property will consist of 5-bedrooms, open-plan living areas, a private pool all in a sought after location within the exclusive resort of Vale do Lobo. The location is convenient to the golf clubhouse as well as the renowned Vale do Lobo Tennis Academy - both within walking distance. The famous sandy beaches, including the Praça are all within easy reach as well as a choice of restaurants, local shops, boutiques and the Medical Centre. The plot offers the potential to develop a spectacular home which offers a fabulous potential investment opportunity - the resort is an attractive destination for holiday-makers and golfers and villas here are highly sought-after to rent all year round. Faro airport is 20 minutes by car. The asking price does not include the construction costs of the presented project.
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
- Approved João Cabrita project
- Open-plan living areas
- 5-bedroom contemporary villa
- Swimming pool and jacuzzi
- Firepit with surrounding seating area
- Exterior kitchen and dining area
- Roof terrace with spectacular views over the Vale do Lobo Royal Golf Course
- Bar, games room and home cinema
- 20 minutes from Faro airport
- Tranquil location and close to all amenities
Property Overview
Reference: | 95491QP |
Type: | Investment Opportunity Project Development Plot |
Location: | Vale do Lobo |
Plot size: | 1280.00 m2 |
Build size: | 397 m2 |
Bedrooms: | 5 |
Bathrooms: | 8 |
Ownership: | Private |
Energy Rating: | N/A |
Price: | €2,390,000 |