You can explore buying this 4,530m² residential or commercial development site in Almancil, currently offered for €1,500,000. The plot has the possibility of 70% construction capacity and may suit a large villa or commercial outlet, subject to planning and project approval. It is positioned in Lugar do Poço Novo, approximately 1km from Almancil town and a nearby school. The land is flat and benefits from good soil conditions. Public water and drainage are available for consideration during the development process. Tarmac access roads provide convenient access to the site. Buyers can assess the land for residential, commercial or another permitted use in line with the applicable regulations. Quinta do Lago and Vale do Lobo are approximately 5km away. The beach is around 8km from the property. Faro Airport is approximately 11km away. The surrounding area offers a blend of established amenities, golf attractions and coastal lifestyle benefits. Almancil’s location can appeal to both permanent residents and visitors seeking access to the central Algarve. A developer may investigate a spacious villa concept with outdoor areas and parking. Another option could be a commercial scheme designed to serve local demand and nearby resort activity. The property has countryside and town views, adding context to future architectural planning. Documentation available for review includes cadastral, land registry, topographical and planning-related records. Purchasers should appoint independent legal, technical and planning advisers before committing to a development strategy. Future rental income, resale value and ROI will depend on the approved use, build quality, total investment and market conditions. The asking price should be assessed alongside construction costs, professional fees, taxes and infrastructure requirements. Contact us now to discuss the purchase process and arrange a viewing of this Almancil development opportunity.
- Area 4530m2
- Investment opportunity
- Easy access
- Close to beach and amenities
This plot is located in the town of Almancil, just 5km to exquisite areas of Quinta do Lago and Vale do Lobo.
The plot has an area of 4530m² with possibility of 70% construction capacity. There is access to public water and drainage, it is on flat land and good soil meaning it is ready for building upon. It also has great access roads and the finished project depending on what you build will be a large villa or commercial outlet close to all the amenities of Almancil including schools and golf courses.
Location
Distance to Beach: 8km
Distance to Airport: 11km
Distance to nearest town (Almancil): 1km
Distance to School: 1km
