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Property description
Private south-facing, four-bedroom villa sits on a discrete private plot in the heart of Vale do Lobo, one of only two prime beachfront resorts of its calibre in the Algarve. The villa was built in the traditional Portuguese villa style, as a result, the property enjoys plenty of natural light throughout. The villa sits on a large plot, unusual within the Vale do Lobo development, allowing for beautifully landscaped gardens, including a large swimming pool and boules court, all set within what feels like a private oasis in the much sought-after resort. An approved Jutta Hoehn architectural project is already in place, fully licensed and ready to start construction. This neo-classical design includes four bedrooms, featuring an impressive primary suite that occupies the entire first floor. Green space surrounds the property, preventing the neighbouring villas from being able to overlook the villa. Furthermore, the villa faces onto a large area of green space that is designated as green space in the council's master plans, meaning that nothing can be built immediately in front of the property. The result is that the villa feels uniquely private compared to most other villas in Vale do Lobo. The property is also suitable for considerable development works if desired. The size of the plot allows for the construction of a new villa of over 800sqm in size, including a basement. The extra growth potential allows the new owners to extend the current property to their needs or plan a complete redevelopment project which would offer a handsome return on investment. This property is attractive to a broad spectrum of buyers and is unique in today's market in Vale do Lobo. 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 for ample space to find a quiet spot to relax. This villa is a rarity for the area and properties with plots of its size have seldom come on to the market in the past few years. This property would make the perfect holiday getaway, permanent home, or investment opportunity.