Gramacho, Algarve
Carvoeiro, Lagoa 8400
Portugal
EXCLUSIVE

Property

Ownership: Townhouse
Type: Detached
Bedrooms: 3 BR
Bathrooms: 2
Area: 235 m² (2530 sq ft)
Lot Size: 20180 m²
Energy Certificate Rating: D

Financials

Price:€1,620,000
($1,896,200)

LARGE PLOT WITH EXISTING 3 BEDROOMS VILLA – FULL RENOVATION OR REDEVELOPMENT OPPORTUNITY

Description

Large Plot with Existing Villa – Full Renovation or Redevelopment Opportunity

Situated on an expansive 20,000 m2 private plot, next to the Gramacho Golf Course, this property represents a significant renovation or redevelopment opportunity in a well-established Algarve location.

Key Features:

Type: Detached villa with 3 spacious bedrooms, providing comfort and privacy for the whole family.

Social Spaces: A large and bright living room, ideal for moments of conviviality and relaxation, and a functional kitchen, perfect for those who appreciate the culinary arts.

Exterior: A generous 5 acres plot, with private pool, offering a vast outdoor space to enjoy nature and create your own private oasis.

Privileged Location: Located next to the Gramacho golf course, this villa offers easy access to one of the Algarve's best golf courses, as well as a variety of services and leisure activities.

Condition & Scope

  • Interior requires total clearing, cleaning, and structural renovation.

  • Exterior areas have been affected by storm damage, including fallen trees and access issues.

  • Not suitable for immediate occupation.

  • Ideal for experienced buyers, developers, or investors seeking a project.

Land & Potential

The size of the plot offers exceptional space and privacy, with potential for landscaping, leisure areas, or redevelopment, subject to municipal permissions. The land remains one of the property’s strongest assets.Despite the condition, the location remains highly attractive:

Location

  • Adjacent to Gramacho Golf Course

  • Short drive to beaches, Lagoa, Carvoeiro, and Ferragudo

  • Close to services, restaurants, and main road access.

Buyer Profile

This property is not a turnkey home. It is best suited for buyers specifically seeking:

  • A renovation or rebuild project

  • Long-term value creation

  • A large private estate in a prime Algarve setting

Amenities

  • 5 Acres of Land
  • Close to beach
  • Close to Golf Courses
  • Private Swimming Pool
  • Sun Exposure

Exposures

  • East
  • South

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.