Investors can explore this 4,530 m² building plot in Almancil, Algarve, offered for €1,500,000. The land has the possibility of 70% construction capacity, providing a substantial basis for a development project. Its location close to Quinta do Lago and Vale do Lobo makes it relevant to buyers seeking an Algarve property investment. The plot is flat and is described as having good soil ready for building upon. Public water and drainage connections are available. Tarmac access roads improve practical connectivity to the site. Outdoor parking could be considered within a future plan, subject to design and approval. The property sits approximately 1 km from Almancil town and a nearby school. Local amenities are therefore close enough for convenient daily use. The coast and beaches are around 8 km from the plot. Quinta do Lago and Vale do Lobo are approximately 5 km away. Nearby golf courses may support demand for villas, accommodation or complementary commercial uses. Faro Airport is approximately 11 km away, which is useful for international owners and visitors. Potential development concepts include a large private villa, residential accommodation or a commercial outlet. The broad land area allows investors to assess different layouts and market positions. Rental income, resale value and ROI would depend on the approved project, build costs and market performance. Professional planning, legal and financial due diligence should be completed before committing funds. The available property documents include topographical and land information for review. Contact us today to examine the opportunity and arrange a viewing of this Algarve development plot.
- 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
