The cost of a 4530m² commercial plot in the Algarve is currently listed at 1,500,000€. This exceptional plot in Almancil has been designated for both residential and commercial use, presenting an attractive opportunity for savvy investors. Positioned just 5km from luxurious areas such as Quinta do Lago and Vale do Lobo, the area is renowned for its high demand and growth potential in real estate. The plot offers a substantial construction capacity of 70%, providing ample space for developing a large commercial outlet or villa. Excellent access to public water and drainage adds further value, ensuring a smoother planning process. With the region's amenities within reachable distance, including schools, golf courses, and shops, this location is ideal for businesses that thrive on customer influx. Being only 8km from beautiful beaches enhances its attractiveness for visitors and residents alike. Buyers looking to maximise rental yields will find this property a remarkable investment. Don’t miss this chance to secure prime land for your next venture; contact us today to explore this opportunity further!
- 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