Unique Renovation and Approved 4-Bedroom Villa Project Near Galé Beach

Albufeira, Faro, Portugal, 8200-426

For Sale

€950,000

REF: 949466 €950,000


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Description

Extensive 4600 m² plot for sale with an existing villa for restoration and a project approved. The existing house is prepared and ready for construction and the project includes a 318 m² contemporary villa with four suites, large terraces, an open-plan kitchen and lounge, double garage, and a pool. Offering equestrian facilities, located a short drive to the Galé beach, Salgados Golf, and between Albufeira, Guia, and Armação de Pêra.

Exclusive Renovation Opportunity with Equestrian Facilities & Approved Villa Project Near Galé Beach. This remarkable 4,600 m² plot offers the chance to create a luxurious private estate in one of the Algarve€™s most prestigious coastal areas. With an approved project for a striking contemporary villa or an existing structure ready for renovation, you have the choice to build from a fresh architectural vision or restore and elevate the current layout€”tailored to your needs. Designed with sophistication and comfort in mind, the proposed villa offers 318 m² of living space, including four elegant en-suite bedrooms, a spacious open-plan lounge and kitchen, a double garage, and extensive covered terraces.

A 5x10 metre swimming pool completes the design€”perfectly positioned for soaking up the Algarve€™s year-round sunshine and hosting unforgettable gatherings in complete privacy. For equestrian enthusiasts, this property offers something truly special: Whether you€™re seeking space for your own horses or envisioning a boutique equestrian business, this estate offers a rare combination of luxury and utility.

There€™s space to create or enhance stables, paddocks, lunging rings or even offer training or riding experiences€”perfect for anyone with equestrian ambition. The estate's layout and peaceful setting lend themselves beautifully to a private residence with commercial potential. Step into a lifestyle that blends tranquillity with convenience.

From this serene setting, you€™re just minutes from the golden sands of Galé Beach, the fairways of Salgados Golf, and the vibrant social scenes of Albufeira€™s Old Town, Guia village, and Armação de Pêra. Fine dining, boutique shopping, international schools, and all essential amenities are within easy reach€”making this an ideal location for full-time living, a holiday retreat, or a high-end rental investment.€¨ At Cerro Novo, we understand the unique needs of buyers looking to blend lifestyle and investment.

With over 40 years of experience, our family-run agency offers the trusted guidance you need€”connecting you with respected architects, builders, and project managers, as well as providing full property management and rental services for the future.
Extensive 4600 m² plot for sale with an existing villa for restoration and a project approved. The existing house is prepared and ready for construction and the project includes a 318 m² contemporary villa with four suites, large terraces, an open-plan kitchen and lounge, double garage, and a pool. Offering equestrian facilities, located a short drive to the Galé beach, Salgados Golf, and between Albufeira, Guia, and Armação de Pêra.

Exclusive Renovation Opportunity with Equestrian Facilities & Approved Villa Project Near Galé Beach. This remarkable 4,600 m² plot offers the chance to create a luxurious private estate in one of the Algarve€™s most prestigious coastal areas. With an approved project for a striking contemporary villa or an existing structure ready for renovation, you have the choice to build from a fresh architectural vision or restore and elevate the current layout€”tailored to your needs. Designed with sophistication and comfort in mind, the proposed villa offers 318 m² of living space, including four elegant en-suite bedrooms, a spacious open-plan lounge and kitchen, a double garage, and extensive covered terraces.

A 5x10 metre swimming pool completes the design€”perfectly positioned for soaking up the Algarve€™s year-round sunshine and hosting unforgettable gatherings in complete privacy. For equestrian enthusiasts, this property offers something truly special: Whether you€™re seeking space for your own horses or envisioning a boutique equestrian business, this estate offers a rare combination of luxury and utility.

There€™s space to create or enhance stables, paddocks, lunging rings or even offer training or riding experiences€”perfect for anyone with equestrian ambition. The estate's layout and peaceful setting lend themselves beautifully to a private residence with commercial potential. Step into a lifestyle that blends tranquillity with convenience.

From this serene setting, you€™re just minutes from the golden sands of Galé Beach, the fairways of Salgados Golf, and the vibrant social scenes of Albufeira€™s Old Town, Guia village, and Armação de Pêra. Fine dining, boutique shopping, international schools, and all essential amenities are within easy reach€”making this an ideal location for full-time living, a holiday retreat, or a high-end rental investment.€¨ At Cerro Novo, we understand the unique needs of buyers looking to blend lifestyle and investment.

With over 40 years of experience, our family-run agency offers the trusted guidance you need€”connecting you with respected architects, builders, and project managers, as well as providing full property management and rental services for the future.
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Property on Map

#CN10463

Currency Exchange

Albufeira, Faro, Portugal, 8200-426

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 €950,000 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
€950,000 £782,705 £824,686 £41,981
Property Price € €950,000
Minimum cost in the last six months £782,705
Maximum cost in the last six months £824,686
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,981

Albufeira, Faro, Portugal, 8200-426

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 €950,000 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
€950,000 £782,705 £824,686 £41,981
Property Price € €950,000
Minimum cost in the last six months £782,705
Maximum cost in the last six months £824,686
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,981

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 £41,981 more.

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