Algarve, Parchal, Portugal

Located in a privileged area of the Algarve, with panoramic views over two of the region’s most prestigious golf courses, Gramacho and Vale da Pinta, this urban property stands out for its exceptional potential, whether as a private residence or as an investment opportunity for redevelopment and resale. With 7,860 sqm, the property enjoys an elevated and dominant position with south-facing orientation, providing excellent sun exposure and wide open views over the surrounding landscape. The land features a gentle natural slope, allowing the existing house to sit at the highest point of the property, fully benefiting from the stunning views over the green fairways and the surrounding natural scenery. Currently, there is an existing house with 164 sqm of gross construction area, offering potential for renovation or integration into a new architectural project. The plot allows for the construction of a new villa with swimming pool with at least 300 sqm of built area, creating the opportunity to develop a contemporary luxury residence perfectly integrated into the landscape. Beyond its residential potential, the property also presents excellent tourism development possibilities, potentially allowing for a project with up to 2,000 sqm of construction area, naturally subject to the appropriate licensing and planning approvals. The generous size of the land makes it possible to create a truly exclusive private estate, with expansive gardens, leisure areas and outdoor spaces designed to fully embrace the tranquillity of the surroundings and the privileged golf views. The property already benefits from essential infrastructure, including water, electricity and mains drainage, facilitating the development of any future project. Situated in one of the most sought-after areas of the Algarve, this property offers a lifestyle where nature, golf and proximity to the sea coexist in perfect harmony. It is located just minutes from the beaches of Carvoeiro, Ferragudo and Praia da Rocha, renowned for their golden cliffs and crystal-clear waters. The area also offers a wide selection of renowned restaurants, marinas and gastronomic experiences, as well as easy access to some of the Algarve’s most iconic natural landscapes, including spectacular coastal cliffs and scenic walking trails that make this region one of the most desirable destinations in southern Europe. Furthermore, the property is located approximately 45 minutes from Faro International Airport.