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A rare opportunity to purchase a fabulous 16,680 sq metres development site situated in one of Portugal’s hidden gems of the Algarve.


The Development The site is ideally located within easy walking distance of both the historic and popular town of Carvoeiro and the beautiful surrounding coast line and benefits from full planning permission to build thirty traditional Portuguese style two and three bedroom apartments, along with a reception area and a large swimming pool area.

We are seeking 1.9 million Euros for the Project with thirty units, ten one bed plus (109m2), fifteen two bed (109m2) and five two bed plus (139m2), we have negotiated a contracted build price of a further 2.5 million Euros. The expected sales income, once completed, will be in the order of 6.9 million Euros, offering a potential return on investment of over 2.5 million Euros.


Specifications

Outside & Security

The design specification features impressive large open plan living rooms, fully fitted, well equipped designer kitchens featuring stainless steel appliances. The properties will also feature concealed air conditioning units throughout as well as central heating for the cooler months.

A large heated communal swimming pool forms a focal point amongst the apartments and beautifully landscaped gardens around the complex provide both leisure space and ample parking.


The Weather Carvoeiro is ideally situated in terms of its weather system with great temperatures all year round. Summer months are hot and sunny and warm mild winters. It is the ideal place to escape for year-round sunshine.


About Carvoeiro Carvoeiro traditionally was once a small fishing village and in recent years has become an incredibly popular area due to its dramatic coastal scenery and world class beaches. Carvoeiro and the surrounding area holds twelve of Portugal’s most beautiful beaches including Marinha Beach, which has been listed as one of the top beaches in the world

Dining Out Restaurants, cafes and bars are abundant in Carvoeiro, with many of the local fisherman supplying freshly caught fish to these establishments. Carvoeiro even hosts one of Portugal’s top restaurants, ‘O’Patio’ in the town centre and ‘Ocean’, a Michelin starred restaurant, at the nearby five star hotelVila Vita Parc.

The Town Carvoeiro is a historic village and the remains of the walls of the Fort of Senhora da Conceicao, dating from the seventeenth century, can still be found on the cliffs above the village. On the coast, there are boat trips and charters available that can be taken to explore the natural cave formations. Dolphins are also frequently seen off the coast of Carvoeiro.


Out & About Carvoeiro is a great place for families. Obviously, there are the outstanding beaches, but there are also many other opportunities for excursions within easy driving distance:

Activities Boat and yacht charters, sailing, deep-sea fishing, and scuba diving is readily available from third party suppliers. There is a zoo marine sea life park for a more educational experience, located at Guia; and Krazyworld at Algoz just 30 minutes away.

Golf A wide variety of golf courses are within a short distance suitable for all skill levels including the Nick Faldo designed Oce창nico Faldo and 8 others all within 10 Kilometres.

Shopping There are plenty of shopping opportunities in town with many grocery shops and a large Intermarche, boutiques and souvenir shops. Portimao (20 minutes away) and the Algarve shopping mall at Guia (30 minutes away) are both nearby offering excellent international shopping.


The Address Vila Algarvia, Praia do Carvoeiro, 8400 Lagoa, Algarve, Portugal

Getting There Flights depart daily from UK to Faro Airport which is 64 Kilometres and is approximately 45 minutes away from the villa. Carvoeiro is incredibly easy to reach with flights from all major UK airports

The Weather Carvoeiro is ideally situated in terms of its weather system with great temperatures all year round. Summer months are hot and sunny and warm mild winters. It is the ideal place to escape for year-round sunshine.

Contact Us If you would like to view this development or discuss the purchase please simply call the owner directly: Ian on 07775707058



Villas Algarvia