HouseAlbufeira (Portugal)

Price :

$2,117,800

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms4 bathrooms3 land4,570 m²

Discover a rare gem on the coastline, just 500 meters from the stunning Praia da Coelha and other paradisiacal beaches, surrounded by natural cliffs. This villa sits on a 4,570 m² plot and offers a unique opportunity for those seeking an exclusive retreat with spectacular ocean views. With over 550 m² of gross building area and potential for renovation, the property includes a 6x8 meter pool and a tennis court, ideal for those who enjoy outdoor activities. Positioned on a high point, the panoramic view makes every moment extraordinary. There is already an architect's project in place to transform this villa into a boutique hotel with 10 luxury suites and a breathtaking infinity pool. Additionally, the property already features changing rooms for both the tennis court and the pool, ensuring maximum comfort for guests or owners. Just 5 minutes from the renowned Michelin-starred restaurant Vila Joya and close to the W Hotel and Residences, this property is perfect for the development of a luxury villa or even a small boutique hotel, with the potential to expand for tourism purposes. Moreover, the privileged location is just 10 minutes from the famous Salgados Golf Course, 7 minutes from Albufeira Marina, and around 40 minutes from Faro Airport, ensuring easy access and convenience for residents or guests. This area is known for hosting villas owned by well-known personalities, offering an exclusive and prestigious environment. With a private water borehole and an enviable location near Praia do Castelo and other hidden gems of the Algarve, this is the ideal spot for those seeking exclusivity, comfort, and tranquility. Don’t miss the chance to transform this space into a personal and private paradise or a unique business opportunity!