A plot of 3,400 m2 in a very popular area just above Vale do Lobo and Quinta do Lago to build a dream villa with pool and large gardens, or build 2 equally large villas each with their own pools. Opportunities like this are far and few between at this good value.

The plot is located in Vale Formosa, a sought after area for permanent residents and second homes due to the convenient distance to all facilities, including international schools, the beaches, all sports amenities, Mar Shopping and Loule town.

The zoning of this entire plot presents a number of possibilities. Firstly you can design and build your dream home of 450m2 excluding terraces with a ground floor of 350m2 plus first floor of 150m2 which will have a sea view. Additionally you can have a basement and a pool, and you could refurbish the existing tennis court which is registered. Alternatively you could split the plot into a north and south plot since there is a road on both boundaries and build 2 villas, each one being the same size - 450m plus terraces, basements and pools.

There is also a borehole already drilled and registered which only requires equipment to be installed. Currently the property has a wooden garage which will removed by the owner subject to agreed terms.

A rare opportunity with possibilities at this value.

More on the Location
Algarve has an exceptional mobility index with Faro International Airport, Portimão Private Airport, 3 airfields and 5 heliports. Due to a wider option of direct flights, travellers often choose Lisbon Aiport and take a 2-hour drive to reach the Algarve. For yacht owners and fishing enthusiasts, there are 4 marinas and 3 ports. For health care, Algarve has 3 public hospitals, many private facilities, and a Centro de Saude in each town. Besides public schools in every city, there are also 6 International schools. And with over 300 days of sunshine and 250 km of coastline varying from smooth golden beaches to dramatic red cliffs leaning over the stunning blue ocean there are also plenty of historic attractions, a beautiful countryside, more than 40 golf courses, numerous sports activities/facilities and much more.

Abloom Boutique Real Estate is rated by its clients as the best in local market knowledge. Their portfolio of exclusive properties in the Golden Triangle and the Central Algarve country side as well as their ability to always connect the right buyer to the perfect product ensures they are the top choice of realtor for all their client´s future transactions. Their reputation of professionalism, integrity, local market knowledge and that personal touch wins them sale after sale.