Description
Located in the beautiful unspoilt area of Vale d'el Rei in Lagoa, only 3km to the beautiful beaches of Benagil and Praia da Marinha, this large (almost 3 hectare plot) with ruin has an approved project for a magnificent villa of nearly 300m2 plus a spacious pool.
Planning permission has been approved for a contemporary style four-bedroom home with a large basement garage. The new construction features an open-plan living room with kitchen and central island, plus plenty of space for indoor dining and a lounge area.
Three sets of patio doors will open from here to the pool terrace and a gorgeous 12m x 5m infinity pool with its own sunken fire pit! A shallow end is ideal for relaxing on sun loungers in the cool water, and the surrounding pool terrace boasts lovely views across the countryside. Opening off the living space is a separate wing with 4 bedrooms, each boasting en-suite bathrooms and patio doors to a terrace and gardens. The existing ruin will be connected to the new construction and could be a lovely space for an indoor/outdoor gym.
Building costs are not included in the price. Current estimates to build are €2,000 - €2,500 per m2 .
Although this property is surrounded by countryside, it is only a few kilometres to some of the most beautiful beaches in the Algarve and 5 minutes drive into the bustling fishing village of Carvoeiro. The lively town of Lagoa with its restaurants, shops and supermarkets is only 3km, and a selection of golf courses are close by. There are international schools (German, Dutch and English-language) within a 5-15 minute drive and Faro airport is 40 minutes by motorway.
Energy Rating: A
