AMI 12055 - Locally based Agent

Vale do Lobo Development Plots - We can help you !

Written on Friday 21 June 2024

Welcome to Vale do Lobo - Vale Real .... The latest development in Vale do Lobo : 


This area is the very latest zone to be released in Vale do Lobo – called Vale Real. Probably one of the most interesting zones in VDL in terms of new development. There is a brand new 5* hotel development going in as well which will start in early 2025. They are not releasing sites near the hotel area so will wait for it to be finished.

What Other Plots Are For Sale In Vale do Lobo @ The Moment :

Comparison Plots Currently For Sale in Vale do Lobo :

VDL 572 : https://www.maprorealestate.co...  Asking €2.75m

VDL 625 : https://www.goldentree.net/en/...   Knockdown Old Villa – Very overlooked from above. Asking €2.850m

VDL 35B.32 : https://www.goldentree.net/en/...   Asking 2.390m - Just down the road from the plots that we are discussing. Private Vendor. Asking Price €2.390m.

VDL371: This is also for sale at Asking €1.95m but is a major slope on the site. No elevation / vista.

    VDL 512 :  https://www.goldentree.net/en/...   Needs a Renovation with no vista.

    What you notice immediately is the prices on Vale Real Plots are extremely competitive.

    The scale of what you can build is excess of 30% of plot + an additional 20% with covered terraces. On all of the other plots above there are the standard VDL restrictions.

    Recent Transactions – New Builds For Sale @ The Moment :

    In terms of very recent transactions in the VDL area of “plot / old houses” :

    VDL 1014 : https://www.vendiciproperties....  Small Plot. Small Build. Transaction 2.8m

    VDL 543 : https://www.vendiciproperties.... Transaction Price €2.4m with a lot of illegal issues.

    Below are some “new builds” for sale in our area of similar size build / plot :

    https://waratahalgarve.com/pro... Asking €8.5m

    https://waratahalgarve.com/pro... Small Plot / Build. CGI Images so not sure about vista. Asking €7m

    • https://waratahalgarve.com/pro... Small Plot / Build. Asking €5.9m

    https://www.quintaproperty.com... About 4 years old – so not technically a new build.

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