This three bedroom villa for sale in Caramujeira, Lagoa, sits on a 4,200m2 plot of land and allows for a further 15% build density taking the existing villa up to a spacious 630m2. Situated less than three kilometres from two beaches: Praia de Albandeira in Porches and Praia da Marinha, it's also approximately 10 minutes from Lagoa's centre with all the needed amenities.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003eSpread across one storey, this property comprises an entrance hallway, a kitchen with fitted appliances such as oven, dishwasher, fridge/freezer etc. A large living room with a feature fireplace and sliding doors leading out to the covered patio area and private garden.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003eThere are three spacious bedrooms, all come with fitted wardrobes and the master bedroom has sliding doors leading out to the terrace shared with the living room.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003eOne bathroom is situated next to the master bedroom, and the second bathroom is located closer to the other two bedrooms. Both bathrooms come equipped with walk-in showers with one having an electric towel heater.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003eOffering extensive private gardens with a generously sized swimming pool and outdoor BBQ/grill, this property is completely habitable as is and represents a traditional Portuguese style home but has the potential to be entirely renovated and expanded into a modern villa.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003e\u003cem\u003e\u003cstrong\u003eAdditional features include:\u003c/strong\u003e \u003c/em\u003eEnglish style radiators, underfloor heating, manual shutters, solar panels, borehole, driveway with electric gates and an intercom system.\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003eThe current owner does have various different floor plans showing what can be done with the villa so get in touch for more information. For reference on what can be done and possible scenarios, please see the below:\u003c/p\u003e^\u003cp style=\"text-align: justify;\"\u003e\u003cstrong\u003e\u003cspan style=\"text-decoration: underline;\"\u003eChanges that can be made by law\u003c/span\u003e\u003c/strong\u003e\u003c/p\u003e^\u003cul\u003e^\u003cli\u003ePlot Size: 4,200m2\u003c/li\u003e^\u003cli\u003eGross Floor Area: 630m3 (15% of plot size)\u003c/li\u003e^\u003cli\u003eBasement Area: up to 600m2 or more\u003c/li\u003e^\u003cli\u003eCovered Terrace Area: 210m2 (5% of plot size)\u003c/li\u003e^\u003cli\u003eN\u0026ordm; of Floors: 2 + basement\u003c/li\u003e^\u003cli\u003eBorehole: Yes\u003c/li\u003e^\u003cli\u003eCity Water: Yes\u003c/li\u003e^\u003cli\u003eCity Electricity: Yes\u003c/li\u003e^\u003c/ul\u003e^\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003e\u003cspan style=\"text-decoration: underline;\"\u003ePossible Renovation Scenarios:\u003c/span\u003e\u003c/strong\u003e\u003c/p\u003e^\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003e1. New Built 600 + 600\u003c/strong\u003e\u003c/p\u003e^\u003cul\u003e^\u003cli\u003ePurchase Price + IMT (Approx): 1,400,000\u0026euro;\u003c/li\u003e^\u003cli\u003eConstruction Cost: From 1,000,000\u0026euro; to 1,400,000\u0026euro;\u003c/li\u003e^\u003cli\u003eSale Price: From 4,500,000\u0026euro; to 5,100,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Mean Value: 2,300,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Margin Mean Value: 51%\u003c/li\u003e^\u003c/ul\u003e^\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003e2. Big Alteration Project\u003c/strong\u003e\u003c/p\u003e^\u003cul\u003e^\u003cli\u003ePurchase Price + IMT (Approx): 1,400,000\u0026euro;\u003c/li\u003e^\u003cli\u003eConstruction Cost: From 600,000\u0026euro; to 800,000\u0026euro;\u003c/li\u003e^\u003cli\u003eSale Price: From 3,000,000\u0026euro; to 3,400,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Mean Value: 1,200,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Margin Mean Value: 40%\u003c/li\u003e^\u003c/ul\u003e^\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003e3. Small Alteration Project\u003c/strong\u003e\u003c/p\u003e^\u003cul\u003e^\u003cli\u003ePurchase Price + IMT (Approx): 1,400,000\u0026euro;\u003c/li\u003e^\u003cli\u003eConstruction Cost: From 350,000\u0026euro; to 450,000\u0026euro;\u003c/li\u003e^\u003cli\u003eSale Price: From 2,200,000\u0026euro; to 2,500,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Mean Value: 650,000\u0026euro;\u003c/li\u003e^\u003cli\u003eProfit Margin Mean Value: 30%\u003c/li\u003e^\u003c/ul\u003e^\u003cp style=\"text-align: left;\"\u003e\u003cstrong\u003e4.Extrat FeaturesPrivate ParkingNear BeachGarageSolar PanelsPoolGarden