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Large plot with existing villa with project for a brand new modern villa

Vale do Lobo

Price   €1.500.000 Ref: VL535

Key Details

  • Beds 5
  • Baths 5
  • Built Area 379m2
  • Plot Size 3940m2
  • Airport Distance 20km
  • Beach Distance 2km
  • Golf Distance 1km

Description

Located just 250 metres from Vale do Lobo, this private plot of just under an acre with a modern project concept design for a buyer to extend and modernise an existing 3 bedroom 195m2 villa to a 380m2 luxury contemporary 5 bedroom villa. This exciting unique project has yet to be submitted to the camara so therefore provides a buyer the opportunity to personalise and finish the villa to their own taste. The architects have used the existing villa as the foundation to keep the costs low with incorporating it within the new villa design with modernisation and a large extension to include a basement under the new extension areas. Using the old villa therefore reduces significantly the cost of construction and, dependent on personal choice of finishings, its estimated the build construction will be in the region of €650,000 to €750,000 as a guide. The existing 3 bed villa is fully useable and can be occupied or rented out whilst project approval is obtained from the municipality. The new villa has a feature double height tower entrance, guest cloakroom, office, large open lounge and dining room, kitchen with a one and half height ceiling, with a connecting covered outside dining area, 2 ground floor bedrooms both with en-suites. The first floor has 2 bedrooms including dressing rooms, en-suites and connecting balcony terraces. There is also a top 75m2 lounge roof terrace with views and those sunset moments. There is a basement under the new extension areas with an open area, bathroom plus 2 additional rooms ideal for a bedroom and games or TV room.

Features

  • Heating
  • Air conditioning
  • Under floor heating
  • Laundry
  • Study / Office room
  • Basement
  • Pool
  • Secure parking
  • Borehole
  • Balcony
  • Countryside views
  • Walking distance to beach
  • Walking distance to amenities
  • Central location

The Location

Plot Vale do Lobo,Villa Vale do Lobo,Private,Resort,Project

Vale do Lobo

Vale do Lobo is a golf and beach resort located in the heart of the Algarve, not far from Quinta do Lago. Surrounded by lush golf courses and overlooking the waters of the Atlantic Ocean, this resort offers a unique concept in luxury living with endless facilities and services, thus attracting sportspeople, holidaymakers and entrepreneurs.
 
Recognised as one of the foremost resorts in Europe, Vale do Lobo is the ultimate all-year round family destination for holidays or a second home. With four major luxury developments, including the Ocean Clube, the Royal Golf development, Vale Real and Vale de Santo António, Vale do Lobo satisfies all kinds of expectations, with properties within walking distance of the beach, sports facilities, quality restaurants and bars, etc. In addition to a shopping complex with a choice of boutiques, a complimentary internal shuttle bus, round-the-clock security vigilance, a wellness centre, an art gallery, a tennis academy, conference facilities, a supermarket and medical services and facilities, Vale do Lobo also features a beachside complex – The Praça - with its many vibrant bars and restaurants offering a lively nightlife – perfect for families with teenagers.
 
Vale do Lobo is also an exceptional golfing destination, boasting two magnificent golf courses: the Ocean and the Royal, which have twice been host to the Portuguese Open. The stunning, links-style PAR 72 Ocean, lives up to its name with great seafront golf, while the Royal, is renowned for its 16th hole, a daunting PAR 3, requiring a precise shot from cliff top to cliff top, and the awaiting green.
 
With some of the finest properties in Europe, a lively community and a wide spectrum of integrated services attracting buyers of all ages, Vale do Lobo has earned a solid reputation as a secure resort, synonymous with relaxation, sports and leisure.
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