A 6,467m² development plot with a villa project in the Algarve is offered for €4,000,000. The price includes the two plots and the approved project, but it does not include construction of the buildings. Situated in Almancil, this is a sizeable development opportunity near the Algarve Golden Triangle. The proposed scheme comprises 15 semi-detached villas. Private pools are planned for every villa. The architectural concept includes ground-floor and first-floor accommodation, rooftops and basements. The total stated construction area is 3,233.50m². This scale gives developers a clear framework for assessing build costs, exit values and potential rental income. Mains water and drainage are available on the site. There is also an existing ruin within the property. The plots benefit from easy access and proximity to town amenities. Quinta do Lago is roughly 5km away. Residents would be approximately 8km from the nearest beach. The nearest golf course is around 11km distant. Faro Airport lies approximately 14km away. The sea is listed as approximately 5km from the development land. A countryside view adds to the appeal of the proposed homes. Investors could consider selling the villas individually or retaining some units for long-term or holiday rental, subject to market research and the necessary permissions. The central Algarve location may help attract international purchasers seeking pool villas close to beaches, golf and established resorts. Contact us today for further financial information, project documentation and a site visit.
• 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)
