Vale do Lobo Villa for sale in large plot with project for a new contemporary Villa

Located just 250 meters from the Vale do Lobo Golf entrance is this private plot of just under an acre with a modern project concept design for a buyer to extend and modernize the existing 3 bedroom 195 m2 villa into a 380m2 luxury 5 bedroom villa of contemporary.
The property enjoys a unique location hidden down a discreet track within a countryside setting amongst nature, yet on the doorstep of the entrance to the Vale do Lobo resort, the golf club reception, the beach, and the Vale do Lobo Praca with its restaurants and bars. The plot is completely private, fully enclosed, and with an abundance of pine trees as well as its own borehole.
This striking project has yet to be submitted to the Camara offering therefore buyers the opportunity to personalize and finish the villa to their own taste. The architects have used the existing villa as the foundation to keep the costs low by incorporating it within the new villa design with modernization and a large extension to include a basement under the new extension areas. Using the old villa, therefore, reduces significantly the cost of construction and, dependent on the personal choice of finishings, it’s estimated the build construction will be in the region of €650,000 to €750,000 as a guide. The existing 3-bed villa is fully useable and can be occupied or rented out whilst the project approval is obtained from the Camara.

The project for the new villa has a feature double-height tower entrance, guest cloakroom, office, large open lounge and dining room, kitchen with a one and half-height ceiling, with a connecting covered outside dining area, 2 ground floor bedrooms both with en-suites. The first floor has 2 bedrooms including dressing rooms, en-suites, and connecting balcony terraces. There is also a top 75m2 lounge roof terrace with views and those sunset moments. There is a basement under the new extension areas with an open area, bathroom plus 2 additional rooms ideal for a bedroom and games or TV room. Outside there is a double gate entrance, parking both inside and outside the plot for visitors. There is a carport. There are 2 feature pools around the dining terrace feeding down to the main pool 50m2 swimming pool.

Set within the heart of the Golden Triangle this unique property can be the perfect holiday home or permanent residence.