€1,100,000

Villa for sale Lagoa
Property photo number 1 of 16 Photos for Property. File 104476732_2345_4023742e3f351b30e6ca34ceb16c6c33.jpeg

Overview

SUMMARY: Discover an opportunity with this Lagoa villa for sale and available for €1,100,000. This could be your next ideal home or a smart investment. More details await.

Traditional Algarvian villa with expansion project (can build up to 618sqm + 206sqm of covered terraces This villa is turnkey as it is, but also comes with a brand new project for a large expansion. The urban plot area is 4,125sqm and allows a total building

area of 618sqm, plus basement, and a total of 206sqm of covered terraces. This ground floor traditional Algarvian villa currently features 3 bedrooms, all with an en-suite bathrooms, a guest bathroom, a large living room with dining area and open-plan kitchen. The outdoor area provides plenty of space for entertainment, with large covered terraces oriented towards the big pool. There is a traditional barbecue area that can easily be turned in a summer kitchen, and an extensive garden with endemic plants, fruit trees and vines. The villa also features a garage and a laundry room. This house sits in a privilege environment, with privacy and countryside views, while being a convenient 3-minute drive to N125 and a 5-minute drive to the most exclusive crystal-water beaches of the region. There is the possibility within this allowed space to build a first floor and a rooftop that would provide sea views. The current project featured here offers an expansion to 345sqm living area + 67sqm covered terraces but can easily be modified to fit your ambitions. There is also the possibility of purchasing the adjacent land of 10756 m2 (3006m2 urban and 7750m2 rustic) which allows the construction of a house with 450m2 plus basement, and a further 150m2 of covered terraces. The remaining 7750 m2 of the plot are currently rural land made up of various trees, which can be transformed into vineyards again as in the past. In this scenario the global price will be €1,490,000. Contact me to discuss development opportunities on this rare extensive property! Energy Rating: B- #ref:Spy-00127A - Spy-00127A - Spy Manor Real Estate, Lda

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Details

  • Beds: 3
  • Baths: 4
  • Price: €1,100,000
  • Reference No.: 187895504

Location

Marketed by:

  • Spy Manor Real Estate, Lda
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