Land - Vale Do Lobo € 3450000
Description
Property Renovation Or Re-Build With 10,000m2 Plot Bordering Vale do Lobo Golf Resort - a unique investment opportunity to purchase a plot of land measuring 10,093m2 with a 425m2 classic style 30-year old 6 bedroom villa with a pool, tennis court and golf courses to the front and rear.
However, it should be noted the current property does not not have any official approval so the involvement of an architect will be required to create a project for licensing this villa which may require some demolition to reduce its current size to conform with the current regulations. Alternatively, there is the option to demolish the villa and build a brand new villa with a basement.
in brief, the villa comprises:
interior:
- entrance hall
- cloakroom
- 2 lounges
- games room
- dining area
- kitchen
- 6 bedrooms
- 6 bathrooms
Exterior:
- swimming pool
- tennis court
- gated entrance
- long driveway & parking
- gardens
Vale do Lobo is a place where harmony and tranquillity reign, surrounded by nature, security and a good environment! Vale do Lobo is one of the three corners of the Golden Triangle area being one of the Algarve's most affluent and expensive communities. Vale do Lobo is well known for its 2 golf courses, (Royal Golf Course and Ocean Golf Course each with 18 holes), the lovely beaches and the Praca with restaurants, beach bars with live music, shops, etc. Faro international Airport is just 20 km away and even the best schools are close by, with international School of Vilamoura at 17km and international School of Porches at 41km.
Features
* Air Conditioning
* Golden Triangle
* Golf Course View
* Swimming Pool
* Tennis Court
Description
Characteristics
General
Property type
Building land
Price (€)
3450000
Location
Vale Do Lobo
Reference number
vac_a3525a
Views
16
Interior
Living space
> 250 m²
No. of bedrooms
4 +
No. of bathrooms
3 +
Exterior
Garden
private pool (non-heated)
Financial
Price range
€ 500.000 +
