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Could a €3.2 million Almancil site be a worthwhile commercial investment just 8 km from the Algarve coast?

Plot in Almancil

ref. VM2376
24.939.750CNY
  • NA
  • 7.252m2

This €3.2 million Almancil site could merit consideration as a commercial investment, subject to planning approval and a detailed feasibility assessment. The 7,252 m² plot is located approximately 8 km from the Algarve coast, 1 km from Almancil and 11 km from Faro Airport. A planning request has been submitted for a 1,450 m² warehouse or commercial building with a 1,954 m² basement. The proposed scheme is awaiting licensing approval from Loulé Municipal Council. The land also offers potential for a padel tennis court complex with a supporting building of up to 450 m². These proposed uses give investors several angles from which to assess future commercial demand. The warehouse concept could support storage, distribution, trade, showroom or business accommodation, depending on the approved use. The padel option could introduce a customer-facing leisure operation serving local residents and the surrounding Algarve market. Revenue from rents, court bookings or other activities would depend on the final project and market performance. The combined warehouse and basement proposal amounts to approximately 3,404 m² of potential space. Tarmac access should assist with future planning for vehicles, deliveries and customer arrival. Almancil’s location provides access to local services and established routes through the Central Algarve. The nearby coast may help businesses benefit from seasonal visitors and the region’s tourism economy. Faro Airport’s proximity can support access for overseas investors, staff and commercial clients. A school approximately 1 km away adds to the convenience of the surrounding location. Countryside and hill views offer an attractive setting for a carefully designed development. The available documents can help prospective purchasers investigate the architectural and planning background. Buyers should not assume that planning permission or a guaranteed commercial return has been granted. Construction budgets, finance, taxes, operating costs, demand and exit value should all be modelled before purchase. Contact us to assess this Almancil commercial investment opportunity and arrange a site viewing.

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
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