A rare opportunity to acquire an existing villa in the centre of Praia da Luz, with additional planning permission to build a luxury villa with sea views on the adjacent plot, with the full project included in the sale price.
Properties this central rarely come up for sale in Praia da Luz, especially not with the potential to build an additional villa. Only two minutes walk to the centre and five minutes to the beach, this property is ideally located close to all amenities, with two supermarkets and various restaurants at your doorstep.
The total area of the property is over 1,200 m2, with the existing, linked villa ready to live in. This traditional villa was built in 1983 and has undergone various improvements over the years, with a new kitchen and bathroom recently fitted. The single storey villa has three bedrooms, two bathrooms, a living room, and a kitchen, as well as a small interior courtyard. The villa enjoys plenty of outdoor space and has lots of authentic Algarvian character. There is a garage with an additional space above, though this is provisioned to be demolished for the construction of the modern villa.
The plot for the future villa is 909 m2, an approved Mario Martins Atelier design, ready to build. The project has a total construction area of 440 m2 over two stories, plus a basement garage with space for three cars. The stunning modern design maximises the stunning views over beach and the iconic Rocha Negra or Black Rock of Praia da Luz and will be an iconic landmark, one of the few modern villas this close to the centre of town. On the ground floor, the project has one spacious en-suite bedroom, a spacious multi-purpose room adjacent to the pool area, a laundry room, an additional bathroom, and outdoor kitchen area. The main living area is on the first floor, to make the most of the stunning sea views. There are two ample bedrooms, both with en suite bathrooms, an ample open plan kitchen and a spacious living and dining area. The whole living area boasts floor to ceiling window and wrap-around terraces to maximise the outdoor space.
Floorplans available on request.
At this stage in the project, a future owner can still make alterations to the plans, should they need to.
today for more information on this unique opportunity!
Main characteristics
Exclusive mandate
3 bedrooms
Terrace
174 m² surface area (1873 sqFt)
3 bathrooms
Facing South
1205 m² of land (12970 sqFt)
N/C
Photos See all the photos
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Price 990,000 €
Price / sq metre: €/m² 5,689.66
other currency
Reference:
_v1081
Agency: ten Hoopen Realty
Location
This property is in Praia da Luz, in Lagos (district Algarve).
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Site registered with CNIL with reference N° 1051448.
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