Premium New development

5 Bed Villa for sale

Albufeira, Algarve, Portugal

£2,088,555 *  [€2,500,000]

5 Bed Villa for sale

Albufeira, Algarve, Portugal

£2,088,555 *  [€2,500,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 4
  • Plot size: 6738 m2

Features


  • Fireplace
  • Swimming pool
  • Terrace
  • Sea View
  • Energy Certificate: F

Full Description


Introducing an exceptional opportunity nestled in the exclusive area of Cerro de Aguia, this cliff-top property overlooks the marina and goes out to the sea.

Once a stunning character five-bedroom villa, it now offers an idyllic blend of vintage charm and potential for transformation. Built in the 1960s, this spacious residence boasts expansive rooms and unparalleled views of the azure sea, providing the perfect canvas for your dream coastal retreat. One of the most captivating features of this property is its breathtaking panoramic ocean view that can be enjoyed from various vantage points throughout the home.

Upon entering, you'll be greeted by the grandeur of the era, with generously proportioned living spaces that evoke a sense of timeless elegance. 

While the villa retains much of its original charm, renovation would transform the property in any way a new owner wishes. With its solid foundation and classic architectural elements, the potential for transformation is limited only by one's imagination.

Situated on a plot of 6,783 sm2, the property offers space for expansion and development to over 3000 m2, further enhancing this remarkable estate's value and versatility.

Conveniently located close to amenities and within easy reach of the region's finest attractions and beaches, this property offers the perfect balance of seclusion and accessibility, whether seeking a serene retreat or a lucrative investment opportunity. - REF: CN10295
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This property listing (ref: CN10295) is an advertisement supplied by Cerro Novo and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8354 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.