Vale Do Lobo, Vale Do Lobo, Algarve, Portugal | Residential Land For Sale at GLOBAL LISTINGS

Report Listing

Residential Land For Sale

€3,900,000

Vale Do Lobo
Vale Do Lobo, Algarve, Portugal

17,948 sqm

Year Built: 0

Listed By: Gatehouse Int. Med. Imo. Lda.

Listed On: 05/01/2024

Listing ID: GL11110311 View More Details

Description

1.8 Hectare Plot & Project Approved For 22 Rural Tourism Units Near Vale do Lobo is a 17,948m2 plot with approval for the construction of a rural hotel with 2000m2 of above-ground construction plus a 900m2 underground. The project consists of 22 acomodation units with potential expansion to 30 units by incorporating the 3-bedroom housing concept. There is also the owner s residence which consists of a living room, kitchen and 3 bedrooms and a shared infinity swimming pool.
The inclusion of a restaurant, spanning both ground level and a roof terrace, offers a culinary journey with breathtaking views of the mountains.

Plot:

- 17,948m2

Build area:

- 2000m2 over land plus 900m2 underground

Project:

- 22 acomodation units with potential expansion to 30 units by incorporating the 3-bedroom housing concept
- owner's house with living room, kitchen and 3 bedrooms
- communal infinity swimming pool

Vale do Lobo is a place where harmony and tranquillity reigns, surrounded by nature, security and good environment! Vale do Lobo is one of the three corners of the Golden Triangle area being one of the Algarve's most affluent and expensive communities. Vale do Lobo is well known for its 2 golf courses, (Royal Golf Course and Ocean Golf Course each with 18 holes) , the lovely beaches and the Praca with restaurants, beach bars with live music, shops etc. Faro international Airport is just 20 km away and even the best schools are close by, with international School of Vilamoura at 17km and international School of Porches at 41km.

Features

* Golden Triangle