**Building Plot for Sale: Approved Plans for Two Luxury Villas with Private Pools** Unlock the potential of this exceptional building plot, now available for sale with approved planning for two separate high-end villas in a prestigious location

Lagoa (Algarve), Faro, Portugal

For Sale

€995,000

REF: 881881 €995,000


11

5339 m2

5339 m2

Description

**Building Plot for Sale: Approved Plans for Two Luxury Villas with Private Pools** Unlock the potential of this exceptional building plot, now available for sale with approved planning for two separate high-end villas in a prestigious location. Perfectly positioned near renowned Nobel Algarve British International School Lagoa and just moments away from award-winning beaches and several world class golf courses, this development opportunity is ideal for discerning buyers looking to create a luxurious lifestyle.

### **Plot 1 - Main House** This spacious villa is designed for modern living, featuring a thoughtful layout across three levels: - **Ground Floor:** This level boasts two en-suite bedrooms for privacy and comfort, a lift for easy access, and a stunning winter garden that invites natural light. The open-plan kitchen, dining, and living areas create a seamless flow for entertaining, complemented by a guest WC.

Enjoy direct access to covered terraces, ideal for al fresco dining, and a large L-shaped swimming pool that serves as the centerpiece of outdoor leisure. - **First Floor:** The luxurious master bedroom features an en-suite bathroom and a walk-in closet, with access to a private terrace perfect for morning coffee or evening relaxation.

This floor also includes three additional bedrooms—one en-suite and two sharing a spacious family bathroom, complete with their own private terrace for added convenience and comfort. - **Basement:** Offering an expansive garage accommodating two cars, a technical room, and ample storage space (over 80 m²) to meet all your organizational needs.

T6, 2545 m2 plot, 381.50 m2 gross construction with additional 229 m2 basement, 27.60 m2 technical rooms, 73.12 m2 pool, 110.50 m2 terraces. ### **Plot 2 - Guest House** Designed to provide privacy and comfort for visitors, this guest house further enhances the property’s appeal: - **Ground Floor:** Features four en-suite bedrooms, ensuring guests enjoy their own private retreats.

Additional amenities include a garage and dedicated storage areas, along with technical rooms for seamless maintenance. - **First Floor:** The master bedroom comes complete with an en-suite bathroom and walk-in closet, ensuring a luxurious experience. The open-plan kitchen with a pantry flows into dining and living areas, creating a welcoming space for gatherings.

A separate TV room adds to the versatility of the layout. Covered terraces extend the living space outdoors, equipped with BBQ facilities and areas for al fresco dining, alongside private pools designed for relaxation. T5, 2794 m2 plot, 415.80 m2 gross construction with additional 119.25 m2 basement, 35 m2 technical rooms, 92.22 m2 pools, 139.50 m2 terraces.

This unique plot offers a rare opportunity to create two exquisite villas tailored for modern living, with every detail thoughtfully considered. Embrace the lifestyle you’ve always wanted in a location that combines luxury, convenience, and natural beauty. Don’t miss out on this rare chance to invest in a premier development opportunity! #ref: 124130
**Building Plot for Sale: Approved Plans for Two Luxury Villas with Private Pools** Unlock the potential of this exceptional building plot, now available for sale with approved planning for two separate high-end villas in a prestigious location. Perfectly positioned near renowned Nobel Algarve British International School Lagoa and just moments away from award-winning beaches and several world class golf courses, this development opportunity is ideal for discerning buyers looking to create a luxurious lifestyle.

### **Plot 1 - Main House** This spacious villa is designed for modern living, featuring a thoughtful layout across three levels: - **Ground Floor:** This level boasts two en-suite bedrooms for privacy and comfort, a lift for easy access, and a stunning winter garden that invites natural light. The open-plan kitchen, dining, and living areas create a seamless flow for entertaining, complemented by a guest WC.

Enjoy direct access to covered terraces, ideal for al fresco dining, and a large L-shaped swimming pool that serves as the centerpiece of outdoor leisure. - **First Floor:** The luxurious master bedroom features an en-suite bathroom and a walk-in closet, with access to a private terrace perfect for morning coffee or evening relaxation.

This floor also includes three additional bedrooms—one en-suite and two sharing a spacious family bathroom, complete with their own private terrace for added convenience and comfort. - **Basement:** Offering an expansive garage accommodating two cars, a technical room, and ample storage space (over 80 m²) to meet all your organizational needs.

T6, 2545 m2 plot, 381.50 m2 gross construction with additional 229 m2 basement, 27.60 m2 technical rooms, 73.12 m2 pool, 110.50 m2 terraces. ### **Plot 2 - Guest House** Designed to provide privacy and comfort for visitors, this guest house further enhances the property’s appeal: - **Ground Floor:** Features four en-suite bedrooms, ensuring guests enjoy their own private retreats.

Additional amenities include a garage and dedicated storage areas, along with technical rooms for seamless maintenance. - **First Floor:** The master bedroom comes complete with an en-suite bathroom and walk-in closet, ensuring a luxurious experience. The open-plan kitchen with a pantry flows into dining and living areas, creating a welcoming space for gatherings.

A separate TV room adds to the versatility of the layout. Covered terraces extend the living space outdoors, equipped with BBQ facilities and areas for al fresco dining, alongside private pools designed for relaxation. T5, 2794 m2 plot, 415.80 m2 gross construction with additional 119.25 m2 basement, 35 m2 technical rooms, 92.22 m2 pools, 139.50 m2 terraces.

This unique plot offers a rare opportunity to create two exquisite villas tailored for modern living, with every detail thoughtfully considered. Embrace the lifestyle you’ve always wanted in a location that combines luxury, convenience, and natural beauty. Don’t miss out on this rare chance to invest in a premier development opportunity! #ref: 124130
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Property on Map

#124130

Currency Exchange

Lagoa (Algarve), Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€995,000 £819,781 £855,153 £35,372
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £855,153
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,372

Lagoa (Algarve), Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €995,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€995,000 £819,781 £855,153 £35,372
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £855,153
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,372

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £35,372 more.

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