A 6,467m² residential development site near the Algarve Golden Triangle is offered for sale at €4,000,000. The price includes two plots and a project for 15 semi-detached villas with pools, while construction costs are excluded. For buyers comparing development land prices in Almancil, this opportunity combines substantial land with an established residential concept. The planned construction area totals 3,233.50m². Each villa is expected to include a ground floor, first floor, rooftop, basement and private pool. The project is in the elaboration phase and is intended for a 15-home residential scheme. Mains water and drainage are connected or available to the plots. Easy access can support the movement of materials, contractors and future residents. There is also an existing ruin on the site. The property is situated in Poço Novo, Almancil, in the central Algarve. Quinta do Lago and its amenities are approximately 5km away. The closest beach is about 8km from the plots. The sea is approximately 5km away, adding coastal appeal to the proposed homes. Golf courses are around 11km from the site. Faro Airport lies approximately 14km away, making the location practical for overseas buyers and visitors. The surrounding area benefits from the reputation of the Algarve Golden Triangle. A 15-unit scheme may give developers flexibility to sell homes individually or retain selected units as rentals. Potential rental income and resale performance will depend on design, licensing, construction costs and market demand. Buyers should carry out independent due diligence on planning, project documentation and financial projections. Contact us to discuss the €4,000,000 asking price and arrange a site inspection.
• 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)
