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How much does a 7,252 m² commercial plot near Almancil cost?

Plot in Almancil

ref. VM2376
3.200.000€
  • NA
  • 7.252m2

The 7,252 m² commercial plot near Almancil is for sale at €3,200,000. Buyers are acquiring a substantial development site with a planning request submitted for a 1,450 m² warehouse or commercial building. The proposal also includes a 1,954 m² basement and the possibility of a padel tennis complex with a supporting building of up to 450 m². The land is positioned close to Almancil, only about 1 km from the town centre and its everyday amenities. Faro Airport is approximately 11 km away, which is useful for businesses serving international clients and visitors. The Algarve coastline and nearby beaches are around 8 km from the property. A school is located roughly 1 km away. Access to the plot is via a tarmac road. Its generous dimensions provide room to explore commercial layouts, circulation areas, parking and supporting facilities, subject to approval. The proposed warehouse could suit storage, distribution, showroom or other commercial requirements. The basement element may provide additional space for storage, plant, parking or operational functions, subject to the approved design. The padel option introduces an alternative leisure-led concept for an investor seeking a customer-focused destination. A mixed-use commercial and sporting project may help diversify potential revenue streams, subject to market research and licensing. Countryside and hill views add visual appeal to the setting. Planning and architectural documents are available to support professional assessment of the opportunity. Buyers should verify the current planning position with the relevant authorities before exchanging contracts. They should also obtain independent advice on construction budgets, financing, rental demand and possible ROI. Almancil’s central Algarve position gives the site access to established residential, tourism and transport markets. At €3,200,000, the plot offers a significant development opportunity rather than a completed income-producing asset. Contact us to request further information and arrange a site visit.

Usage
Commercial
Type
Plot
Town
Almancil
Parish
Almancil
Municipality
Loulé, Faro
Region
Algarve (Central)
Usable area
3.404 m²
Plot Area
7.252 m²
Tarmac
Countryside View, Hill view
This plot presents a unique investment opportunity, positioned within a thriving region known for its growth and potential. Whether you are looking to develop a new business or expand your current interests, this location provides an excellent foundation for success.

Located close to Almancil, a planning request has been submitted to the C. M. de Loulé for licensing approval of a building (warehouse / commercial) with an area of 1450m2 + 1954m2 of basement, as well as the possibility of building a paddle tennis court complex (with a building of up to 450m2 to support it).

Location

Distance to Beach: 8km
Distance to Airport: 11km
Distance to nearest town (Almancil): 1km
Distance to School: 1km
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