Plot with approved project for sale in Vale do Lobo. A unique opportunity to build a brand new contemporary family residence only seven minutes’ walk from Maria’s restaurant and the beach, designed by renowned local architect Matias Reis of Plan Associated Architects. The site measures 862m² plus 125m² of a shared driveway with a stunning home offering 696.81m² of living space boasting beautiful sea views from the first floor and roof terrace.
Located in a sought-after location adjacent to the exclusive resort of Vale do Lobo, the property will consist of 6-bedrooms, open-plan living areas, an extensive entertaining area with a cinema room, a bar, a gymnasium, and a sauna, as well as a private pool and a superb roof terrace. The famous sandy beaches, including the Praça, are all within easy reach as well as a choice of restaurants, local shops, boutiques, and the Medical Centre. The plot offers the potential to develop a spectacular home which offers a fabulous potential investment opportunity in an attractive destination for holiday-makers and golfers alike.
Independent appraisals of the complete project indicate significant value upside potential beyond the plot and build investment (appraisals available on request). For more information, or to schedule a viewing, please contact the Regency team.
About Vale do Lobo: The Vale do Lobo resort offers a picturesque haven where ochre cliffs frame postcard-worthy beaches. This coastal gem features two renowned 18-hole golf courses, the Royal Golf Course and the Ocean Golf Course, winding gracefully alongside a nature reserve before gently descending to the Atlantic shores. Within this self-contained community, founded in 1962 as the Algarve’s inaugural development, guests encounter a sprawling 450-hectare retreat boasting world-class, privately-owned villas and apartments, coupled with an extensive array of sporting and leisure facilities. The allure of Vale do Lobo extends beyond its golfing prowess. Fifteen first-class restaurants beckon with tantalizing local and international cuisine, while boutique stores offer an enticing range of items from glamorous jewelry to fine wines. Outdoor enthusiasts can revel in activities like football, spinning, yoga, aerobics, mini-golf, and a variety of water and beach sports, all under the warm embrace of the sun. For those seeking relaxation and rejuvenation, The Royal Spa at Vale do Lobo beckons with herbal therapies, vitamin-enriched treatments, traditional Oriental cures, Swedish massages, saunas, and steam rooms. As the day transforms into night, The Praça comes alive. This vibrant beachside complex, situated at the heart of Vale do Lobo, becomes a bustling hub with restaurants, nightclubs, bars, and a popular live music venue during the summer months. Conveniently located just 20 minutes from Faro International Airport, Vale do Lobo has earned its reputation as one of Europe’s premier resorts. With its radiant sunny skies, balmy evenings, and stunning surroundings, it’s no wonder that generations of holidaymakers continue to fall in love with this seaside paradise.