Your Property Specialists
Entrance
Full Screen

Could I buy a commercial development site in Almancil while council licensing is pending?

Plot in Almancil

ref. VM2376
3.200.000€
  • NA
  • 7.252m2

Yes, you can enquire about buying this commercial development site in Almancil while the licensing process is pending, subject to the agreed transaction terms and legal due diligence. The property is a 7,252 m² commercial plot offered for sale at €3,200,000. A planning request has been submitted to the Municipality of Loulé for a proposed 1,450 m² warehouse or commercial building. The proposal also includes 1,954 m² of basement space. There is potential for a padel tennis complex with a support building of up to 450 m². The project is not presented as fully licensed, so buyers must confirm the current status directly with the relevant authorities. Independent legal, planning and technical advice is strongly recommended. The site is approximately 1 km from Almancil. Faro Airport is about 11 km away. The nearest beach is around 8 km from the property. A school is also located approximately 1 km away. Tarmac access provides a practical approach to the land. Countryside and hill views contribute to the setting. The location could suit a warehouse, commercial hub, leisure venue or combined business concept. Buyers may benefit from acquiring land with an existing planning request rather than starting the process without a defined proposal. Nevertheless, approval conditions, permitted uses and construction parameters must be verified. Future rental income or ROI will depend on the final consented scheme and successful operation. The available documentation includes architectural, access and property records for review. This is a purchase opportunity for developers comfortable with a pending approval process. Contact us now to clarify the licensing position and arrange a site inspection.

Usage
Commercial
Type
Plot
Town
Almancil
Parish
Almancil
Municipality
Loulé, Faro
Region
Algarve (Central)
Usable area
3.404 m²
Plot Area
7.252 m²
Tarmac
Countryside View, Hill view
This plot presents a unique investment opportunity, positioned within a thriving region known for its growth and potential. Whether you are looking to develop a new business or expand your current interests, this location provides an excellent foundation for success.

Located close to Almancil, a planning request has been submitted to the C. M. de Loulé for licensing approval of a building (warehouse / commercial) with an area of 1450m2 + 1954m2 of basement, as well as the possibility of building a paddle tennis court complex (with a building of up to 450m2 to support it).

Location

Distance to Beach: 8km
Distance to Airport: 11km
Distance to nearest town (Almancil): 1km
Distance to School: 1km
Enquire Now   +