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How much does a 6,467m² development plot with a 15-villa project near the Algarve Golden Triangle cost?

Plot in Almancil

ref. VM1981
4.000.000€
  • NA
  • 6.467m2

A 6,467m² development opportunity with a 15-villa project near the Algarve Golden Triangle is offered for €4,000,000. The purchase includes two plots and the approved project, while construction costs are excluded. The proposal provides for 15 semi-detached villas with private pools and a total planned construction area of 3,233.50m². This sizeable land investment is situated in Almancil, within the central Algarve. The planned homes are expected to include ground-floor accommodation, a first floor, rooftop space, a basement and a pool. Such a configuration gives developers scope to create higher-value homes for sale or investment. The property is connected to mains water and drainage. It also benefits from easy access and an existing ruin. Almancil provides a practical base for access to shops, services and local amenities. The site is approximately 5km from the sea and 8km from the nearest beach. A golf course is around 11km away, while Faro Airport is approximately 14km distant. Quinta do Lago is listed at roughly 5km from the plots. These distances place the project within reach of the Algarve Golden Triangle lifestyle market. Countryside views add to the setting without removing access to established coastal attractions. A completed 15-villa scheme could offer multiple disposal, leasing or phased-development options. Potential rental income and resale performance will depend on final design, approvals, delivery costs and market conditions. Investors should obtain professional advice and verify the project documentation before committing capital. Contact us for the current sales details, supporting documents and viewing arrangements.

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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