With an approved project and a construction permit already issued, valid until March 2028, meaning you can start building immediately, by the renowned architect Thiago Braddell, this property holds enormous potential for appreciation. Imagine waking up every day and, just a few steps from home, diving into the crystal-clear waters of one of the most enchanting beaches in the Algarve, surrounded by the serenity of nature and the soothing sound of the ocean waves. This unique property, set within a fenced plot of 1,604 m², offers a true haven of tranquility and beauty, with paved trails winding through meticulously maintained mature gardens. The proposed transformation elevates the existing house into an imposing mansion of traditional Portuguese style, with 250 m² of gross area, full of charm and sophistication: four en-suite bedrooms, ensuring total privacy and comfort; five bathrooms with superior-quality finishes; two superb living rooms with fireplaces, perfect for leisure moments, boasting breathtaking views of the sea and countryside; spacious terraces with a barbecue area, ideal for outdoor gatherings; a laundry room and a garage, completing the property's functionality. Additionally, the property features a cistern that can be converted into an elegant swimming pool, making this space even more exclusive and welcoming. Future owners will also have the possibility to live in the current two-bedroom house while the expansion works are being carried out, enjoying this privileged location right away. This is a rare opportunity to acquire a property in a unique location, with a signature architectural project and the potential to create a truly unique and memorable residence. Located in Ferragudo, one of the most picturesque villages in the Algarve, known for its traditional streets, quality restaurants, and welcoming atmosphere, this property also benefits from its proximity to the Portimão Marina, which offers a wide range of nautical services, restaurants, and leisure spaces. For golf lovers, the prestigious Gramacho Golf Course is just a few minutes away, providing a world-class golfing experience. Faro International Airport is only 60 km away, ensuring easy access to this prime location.