House for Renovation and Development Plot in the Algarve – ID 2213677

Large three-storey house with garage and studio for renovation, together with an urban plot with development potential. The property is located close to some of the region's most beautiful beaches, renowned golf courses, and new luxury villas. This is a quiet and promising area with strong investment appeal and continuously growing demand for premium real estate. The house offers enormous potential for reconstruction and the creation of an exclusive contemporary residence. A pre-approved architectural project is already in place and currently undergoing the licensing process, allowing for the construction of a stylish villa with 5 bedrooms, a spacious living area, kitchen, several terraces, a charming green courtyard, and an independent studio on the lower floor. The property benefits from excellent road access, and its location makes it ideal both as a private luxury residence and as a highly profitable investment project. One of the key advantages is the adjoining plot with additional building potential. It is possible to construct another house, an independent studio, or develop an investment project with three penthouses. The land may also remain as a large private green area, further enhancing the exclusivity and scale of the property. A rare opportunity for those seeking a property with outstanding investment potential in one of the Algarve's finest locations. Energy Rating: E #ref:V1025

5 bedroom house

Estombar e Parchal, Algarve, Portugal