This is an amazing opportunity to invest in a large plot of land in Vale do Lobo’s Ocean Club, just a few hundred meters from Garrão beach and a selection of choice restaurants such as Julia’s, Izzy’s and Antonio’s. Vale do Lobo is one of only two prime beachfront resorts of its calibre in the Algarve.
The current villa’s ground floor boasts a spacious entrance hall, a cloakroom, guest bedroom ensuite, living area with a feature fireplace, formal dining room, large kitchen, utility room, garage, and a split-level office. Upstairs, you'll find the master bedroom complete with ensuite and third bedroom ensuite with a terrace that overlooks the pool, garden, and the very close sea views.
The property has a total plot size of 3,910m2, with a maximum above ground buildable size of 407m2. An additional basement can also be added to the project, on top of the 407m2 above ground, up to the size of the lower ground’s implantation area, however it is worth noting that this basement space would not legally be allowed to contain bedrooms.
With the potential to create a beautiful and luxurious villa with breath-taking views, this plot is a fantastic investment opportunity in a beautiful and sought-after location, that will not stay on the market for long. The property is in close proximity to all the 5-star activities and amenities Vale do Lobo has to offer, including restaurants, the beach, and various sports facilities such as the resort's gym and spa complex. Vale do Lobo boasts some of the best golf courses in the region and its blue flag beach stretches the entirety of the resort, allowing ample space to find a quiet spot to relax.
If you are looking for a great investment opportunity in an incredible location, then this plot should be at the top of your list. Portman are the perfect partner for a project of this scope, Portman has an extensive track record in delivering new build and refurbishment projects in the local area. Portman can advice and manage the project from acquisition to final delivery. Please get in touch with Portman’s property consultants to find out more information on making this dream project your own.