The asking price is €4,000,000 for two plots in Almancil, Algarve, measuring 6,467m² in total. The sale includes the land and an approved project for 15 semi-detached villas with private pools, but construction costs are not included. This creates a substantial development opportunity near the Algarve’s prestigious Golden Triangle. The proposed construction area is approximately 3,233.50m². Each planned home is designed with a ground floor, first floor, rooftop, basement and pool. The development is currently in the elaboration and construction planning phase. Mains water and drainage are already available at the plots. An existing ruin is also present on the land. The property enjoys easy access and is close to local amenities. Quinta do Lago is approximately 5km away, providing access to an established luxury lifestyle destination. The nearest beach is around 8km from the development. Golf is approximately 11km away, appealing to residents, holidaymakers and golf tourism investors. Faro Airport can be reached in roughly 14km. The nearest school is approximately 13km away. The location combines countryside surroundings with convenient access to towns and services. A project of 15 pool villas could support multiple sales, rental or mixed-use strategies, subject to final approvals and market conditions. Buyers can assess potential returns through phased construction, individual villa sales or long-term rental demand. The €4,000,000 asking price should be considered alongside construction, financing, professional and infrastructure costs. Contact us now to request the project information and 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)
