A 6,467 m² development opportunity for 15 villas in the Algarve is listed at €4,000,000. The price includes two plots and the approved project for 15 semi-detached houses with private pools. Construction costs are not included, so buyers should budget separately for the building phase. The proposed development provides approximately 3,233.50 m² of construction area. Each home is designed to include a ground floor, first floor, rooftop, basement and pool. This scale makes the land suitable for an experienced developer or investment group. Mains water and drainage are available on the plots. Easy access can assist with future construction logistics and resident convenience. An existing ruin is also present on the land. The site is located in Poço Novo, within Almancil. Its position places the project close to the Algarve Golden Triangle. Quinta do Lago is around 5 km away. The nearest beach is approximately 8 km from the development. The coastline is listed at about 5 km away. A golf course can be reached within roughly 11 km. Faro Airport is approximately 14 km from the property. Schools and everyday amenities are accessible, with the nearest school listed at around 13 km. The proposed private pool villas may suit the strong demand for quality residential accommodation in the central Algarve. Future sales and rental returns should be assessed through an independent feasibility study and current market evidence. Contact us to discuss the purchase price, project documents and next steps.
• 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.
• 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)
