Ideal for investors!
Fantastic property located in a privileged residential sector next to Vale do Lobo, within walking distance from one of the most exclusive beaches of the Algarve and near all the leisure facilities that gave the life-style of this area its international recognition and fame (Internationally rewarded golf courses, tennis courts, riding centers, spas, restaurants etc.).
In addition to its exceptional location, its rarity is due to the fact that it is allowed to build on it more than 3,000 m2 of living area (plus pools and terraces) on a plot of some 12,000 m2, in a sector where it is strictly restricted or prohibited to extend the surface of existing buildings. In order to illustrate and prove the potential and versatility of the plot, the feasibility of different preliminary drafts (isolated luxury villas, modern townhouses etc.) has been successfully submitted to the authorities by a renowned architect. So it is ideal for the investor who - combining profitability and security - wants to be at the forefront of the development of this area.
Possible extension up to 40 000 m2.