Part-Built Sea View Villa with Approved Project & Additional Plot | Parragil, Loulé

Panoramic Views • Approved Project • Development Upside

An exceptional Algarve investment and lifestyle opportunity, combining a partially constructed luxury villa, a fully approved project, and a bonus adjacent urban plot — all set in the tranquil hills of Parragil.

Positioned at the end of a quiet cul-de-sac, this property offers privacy, panoramic sea views, and a strategic location just minutes from Loulé and Boliqueime.

👉 A rare opportunity to skip years of bureaucracy and step directly into the final stage of a luxury build.

🏗️ A De-Risked Development Opportunity

This property stands out by eliminating the most time-consuming and uncertain phases of development:

• ✔ Fully approved architectural project
• ✔ Structural construction already completed
• ✔ Immediate continuation of works possible
• ✔ Significant savings in time, cost, and risk

🏡 Approved Villa Project

The approved design is for a modern 4-bedroom, 4-bathroom villa that maximizes light, views, and indoor-outdoor living.

Ground Floor

• ✔ Open-plan living and kitchen area
• ✔ Direct access to pool terrace
• ✔ Two en-suite bedrooms

First Floor

• ✔ Two primary en-suite bedrooms
• ✔ Private terraces with panoramic sea views

Rooftop Terrace

• ✔ 360° views
• ✔ Ideal for entertaining or relaxation

Basement Level

• ✔ Garage for three cars
• ✔ Utility room
• ✔ Additional bathroom

🌿 Outdoor & Lifestyle

• ✔ South-facing orientation
• ✔ Future pool and landscaped garden
• ✔ Open countryside and sea views
• ✔ Peaceful natural surroundings

Designed to deliver the ultimate Algarve indoor-outdoor lifestyle.

📈 Bonus: Additional Urban Plot

Included in the sale is a separate adjoining urban plot, creating unique flexibility:

• ✔ Build a guest house or annex
• ✔ Develop a second villa for rental or resale
• ✔ Expand gardens and leisure areas

👉 This additional plot significantly enhances both lifestyle value and long-term investment potential.

📍 Prime Location

• ✔ Parragil (Loulé countryside)
• ✔ Minutes to Boliqueime & Loulé
• ✔ Short drive to beaches & golf courses
• ✔ Easy access to amenities and schools

A rare balance between privacy, accessibility, and premium positioning.

💰 Investment Highlights

• ✔ Reduced development risk
• ✔ Faster time to completion
• ✔ High-end villa market demand
• ✔ Additional buildable asset (second plot)

👉 Ideal for both end-users and investors seeking capital appreciation in the Algarve.

❓ Frequently Asked Questions

Is the villa already built?

The structural phase is completed, allowing construction to continue immediately.

Is the project approved?

Yes, the villa has full council approval.

Can I modify the design?

Yes, subject to municipal approval, finishes and layout details can be adapted.

What is the benefit of the additional plot?

It allows for further development, increasing both flexibility and investment value.