The 6,467 m² investment plot for a planned 15-villa development in Almancil is listed at €4,000,000. The asking price includes the two plots and the approved project, while construction of the villas is not included. This gives developers a defined Algarve development opportunity near the Golden Triangle. The proposed scheme comprises 15 semi-detached houses. Every villa is planned to include a private pool. The designs provide for a ground floor, first floor, rooftop and basement. Total planned construction area is approximately 3,233.50 m². The land is intended for residential use. Mains water and drainage are available, helping to support the proposed development infrastructure. Easy site access is another practical benefit for investors planning a substantial build. An existing ruin forms part of the site. Quinta do Lago, one of the region’s best-known resort areas, is approximately 5 km away. The nearest beach is about 8 km from the plots. Golf facilities are available within approximately 11 km. Faro Airport is roughly 14 km away for international access. Almancil town and nearby amenities add everyday convenience for residents and future guests. The project could suit buyers considering resale, private ownership or holiday rental accommodation, subject to feasibility and market research. Potential returns, rental performance and final construction costs should be assessed independently before purchase. Buyers can review the available project and land documents as part of their due diligence. Contact us today for the current details and to discuss this Algarve investment opportunity.
• 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)
