LARGE PLOT WITH EXISTING 3 BEDROOMS VILLA – FULL RENOVATION OR REDEVELOPMENT OPPORTUNITY
| Website: | https://www.nestseekers.com/5451518 |
|---|---|
| Address: | Gramacho, Algarve Carvoeiro, Lagoa 8400 Portugal |
| 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)
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
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Antonio Amaral Avenida da Liberdade 69, 4ºC, 1250-140 Lisbon Phone: +351 21 823 9912 |