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TL 33,183,300

Development Land in Almaverde, Vila do Bispo, Distrito de Faro

TL 33,183,300
7,785 m²

Description

Located within the prestigious Alma Verde resort, Sunrise Villa offers a rare opportunity to acquire one of the most desirable plots in the region, nearly 8,000 m² of serenity, privacy, and natural beauty.

The property already includes an existing reinforced concrete structure corresponding to a contemporary villa project of large dimensions, originally approved in the past, which can be resumed or adapted according to the new owner's preference.

The previous project envisioned a single-storey villa of approximately 350 m², complemented by a spacious basement of more than 350 m², ideal for garages, technical areas, a cinema room, gym, or other multipurpose spaces.
There is also the possibility to develop a completely new architectural project, tailored to the buyer's taste and requirements.

The villa design included six bedrooms, five bathrooms, large living areas, generous terraces, a big swimming pool, lush gardens, and even space for a tennis or padel court. Every element was conceived to capture the sunrise and ensure maximum light, comfort, and privacy.

EXCEPTIONAL FEATURES:
- Private 130 m borehole providing fresh, non-saline water.
- Electricity and power board already connected.
- Water pump in full operation.
- Sufficient sustainable bricks for nearly complete construction
- Geothermal-style foundation system with underground pipes for efficient year-round temperature control, ensuring cooling in the summer and heating in the winter, an innovative and sustainable solution for future construction.

ALMA VERDE LIFESTYLE:
Alma Verde is a distinguished residential resort that combines Mediterranean charm with modern comfort. With tree-lined streets, tennis courts, children's play areas, and full infrastructure, it offers the perfect balance between community and tranquility.
Ideally located, just 15 minutes from Lagos, 5 minutes from the beach, and less than one hour from Faro International Airport, the area combines convenience with the peaceful rhythm of rural life.

AN INVESTMENT WITH VISION:
Offered at €670,000, this property represents an exceptional investment opportunity. With an estimated completion cost of around €750,000, the finished villa could be valued between €3 and €4 million, offering both lifestyle and capital appreciation.
Low condominium fees (€150/month) and strong market potential make Sunrise Villa not only a dream home in the making, but also a strategic long-term investment.

Sunrise Villa, where the golden light of the Algarve meets timeless design, natural beauty, and unlimited potential.
Energy Rating: Exempt

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Details

External size:
7,785 m²
Size:
700 m²
Address:
Almaverde
Reference:
T003

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Position