A commercial site near Almancil could be a worthwhile investment for buyers seeking development potential just 8 km from the Algarve coast, subject to planning and financial due diligence. The 7,252 m² plot is offered for sale at €3,200,000 in the central Algarve. A planning request has been submitted for a 1,450 m² warehouse or commercial building with a 1,954 m² basement. The proposal represents approximately 3,404 m² of planned building space. A further option is the possible development of a padel tennis complex with a supporting building of up to 450 m². The site is close to Almancil, with the nearest town approximately 1 km away. Faro Airport is around 11 km from the property. The nearby coast may help connect a future business to residential communities, tourism, hospitality, and leisure demand. A school within approximately 1 km adds to the established local surroundings. Tarmac access should assist with vehicle movements, deliveries, and visitor access. Countryside and hill views provide a more open setting than many urban commercial locations. The warehouse concept could suit logistics, storage, trade, distribution, or showroom operations if approved. The basement may increase usable capacity for storage, parking, plant, or back-of-house functions. A padel complex could create a customer-focused leisure business serving residents, holidaymakers, and sports groups. Investors may compare owner-occupation, commercial letting, and operator-led models. Potential rental income and ROI depend on the final licence, construction costs, market demand, and operating strategy. No guaranteed return is provided, so a qualified valuation and detailed feasibility report are advisable. Purchasers should examine the planning submission, architectural documents, access arrangements, title information, and development obligations. The site offers scale and strategic positioning, but the project remains subject to the relevant approvals and commercial risks. Contact us to assess this Algarve opportunity, obtain the available documentation, and arrange a viewing.
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