The asking price for this 6,467m² residential development opportunity near the Algarve Golden Triangle is €4,000,000. The purchase includes two plots and an approved project for 15 semi-detached villas, while construction costs are not included. This makes the land suitable for buyers calculating the acquisition cost of a substantial Algarve housing scheme. The proposed project provides a total construction area of 3,233.50m². Each villa is planned to include a ground floor, first floor, rooftop, basement and private pool. The development is in the elaboration and construction phase. Located in Almancil, the site combines a sizeable landholding with a defined residential concept. Mains water and drainage are already identified as available infrastructure. Easy access should support the movement of contractors, materials and future residents. An existing ruin forms part of the site. The plots are close to the town and its amenities, providing convenience beyond the resort areas. Quinta do Lago is approximately 5km away and represents the nearest listed town. The nearest beach is about 8km from the land. The sea is approximately 5km away, and a golf course can be found around 11km away. Faro Airport is roughly 14km from the proposed development. These distances place the project within reach of the Algarve’s coastal lifestyle and internationally recognised golf destinations. The villa scheme could be assessed for private sales, long-term occupation, seasonal use or managed holiday accommodation. Its location may support future rental demand, although returns will depend on final specifications, management, market conditions and applicable regulations. Developers should also budget separately for construction, professional fees, infrastructure, financing, taxes and marketing. Contact us to request the project information and evaluate the purchase of this development land in Almancil.
• 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)
