The 6,467m² investment plot with a 15-villa project in Almancil is offered for €4,000,000. The purchase covers two plots and the approved project for 15 semi-detached pool villas, while construction costs are not included. This gives developers a defined residential concept in one of the Algarve’s most prestigious areas. The planned construction area totals 3,233.50m². Every proposed villa includes a ground floor, first floor, rooftop, basement and private pool. The project is intended for residential use. It is located in Poço Novo, within the Almancil area of Loulé municipality. The plots benefit from mains water and drainage connections. Easy access should assist with future site operations and resident convenience. Existing ruin structures are also recorded among the site amenities. The development lies close to the Algarve Golden Triangle. Quinta do Lago is approximately 5km away. The nearest beach is about 8km from the plots. Golf is available around 11km away. The sea is listed at approximately 5km. Faro Airport is around 14km distant, helping connect the project with overseas purchasers and holidaymakers. The nearest school is approximately 13km away. Local town amenities are available close to the site, supporting the practical appeal of the location. For an investor, the opportunity could support phased sales, private ownership or a managed rental concept, subject to planning and market assessment. Potential ROI should be modelled carefully against construction, finance, professional and marketing costs rather than assumed. Contact us to obtain the full documentation and evaluate this Algarve development investment.
• 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)
