Large Plot with Existing Villa – Full Renovation or Redevelopment Opportunity 20,000 m² | Next to Gramacho Golf Course | Lagoa Situated on an expansive 20,000 m² private plot next to the Gramacho Golf Course, this property represents a significant renovation or redevelopment opportunity in a well-established Algarve location. The existing single-storey 3-bedroom villa...
Large Plot with Existing Villa – Full Renovation or Redevelopment Opportunity 20,000 m² | Next to Gramacho Golf Course | Lagoa Situated on an expansive 20,000 m² private plot next to the Gramacho Golf Course, this property represents a significant renovation or redevelopment opportunity in a well-established Algarve location. The existing single-storey 3-bedroom villa is currently in very poor condition and requires complete renovation. Depending on the buyer’s objectives, the property may be best suited for a full refurbishment or potential demolition and rebuild, subject to the relevant planning approvals. Condition & Scope Interior requires total clearing, cleaning, and structural renovation Exterior areas have been affected by storm damage, including fallen trees and access issues Not suitable for immediate occupation Ideal for experienced buyers, developers, or investors seeking a project Land & Potential The size of the plot offers exceptional space and privacy, with potential for landscaping, leisure areas, or redevelopment, subject to municipal permissions. The land remains one of the property’s strongest assets. Location Despite the condition, the location remains highly attractive: Adjacent to Gramacho Golf Course Short drive to beaches, Lagoa, Carvoeiro, and Ferragudo Close to services, restaurants, and main road access Buyer Profile This property is not a turnkey home. It is best suited for buyers specifically seeking: A renovation or rebuild project Long-term value creation A large private estate in a prime Algarve setting
