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How much do prime development plots in the Algarve cost?

Plot in Almancil

ref. VM1981
4.000.000€
  • NA
  • 6.467m2

Looking for prime development plots in the Algarve? The current offering includes two plots for sale at a price of €4,000,000. These incredible plots come with an approved project for the construction of 15 semi-detached villas, complete with pools, making them an attractive investment opportunity in a sought-after region.

Located in Almancil, these plots boast a generous total area of 6,467 m², with approximately 3,233.5 m² designated for construction. The investment not only secures the land but also provides you with the foundation to create luxurious living spaces just 8 km from stunning beaches and 11 km from an upscale golf course.

Given the allure of the Algarve and its renowned hospitality and lifestyle amenities, plots like these are rare gems that assure appreciation in value over time. Each villa planned will consist of multiple levels, including ground and first floors, basements, and rooftop terraces, all designed to harmonise with the beautiful surroundings.

Investors can benefit from a robust rental market, further expanding the property’s earning potential. These plots provide a versatile canvas for development, catering to buyers looking for both luxury and comfort in living. Don’t wait too long; contact us to explore these invaluable plots today!

Usage
Residential
Type
Plot
Town
Almancil
Parish
Almancil
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
6.467 m²
Countryside View
• Plot Size 6.467m²
• Construction Area 3.233,50m²
• The price includes the plot and the approved project but not the construction of the building
• 15 Semi-Detached Houses in the elaboration (Construction) phase
• Mains Water and Drainage
• Close to Town and Amenities
• Distance to Beach 8km

These two plots are in a prime location, minutes from the Golden Triangle.
The project consists of 15 semi-detached houses. Each villa will consist of ground floor, 1st floor, rooftop, basement and pool.

Amenities

• Mains water & drainage
• Easy access
• Existing ruin

Location

• Distance to Sea – 5km
• Distance to Beach – 8km
• Distance to Nearest Golf – 11km
• Distance from Airport – 14km
• Distance to Nearest School – 13km
• Distance to Nearest Town – 5km (Quinta Do Lago)
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