The asking price for this 7,252 m² commercial plot in Almancil is €3,200,000. For buyers assessing development land in the Algarve, the site offers a proposed 1,450 m² warehouse or commercial building plus a 1,954 m² basement. A planning request has been submitted to Loulé Municipal Council, but licensing approval remains pending. This means the opportunity should be evaluated as a commercial plot with development potential rather than as an already licensed finished project. The proposed areas provide approximately 3,404 m² of combined building and basement space. An alternative or complementary concept could include a padel tennis court complex. The padel proposal allows for a supporting building of up to 450 m². Such flexibility may appeal to investors considering leisure, business or sports-related uses. Almancil town centre is approximately 1 km away. The beach is around 8 km from the site, while Faro Airport is approximately 11 km away. A school is also located about 1 km from the property. These distances offer practical connectivity for employees, customers and visiting clients. The location benefits from its position in the Central Algarve and within Loulé municipality. Tarmac access provides a straightforward starting point for future site planning and construction logistics. Countryside and hill views may add visual appeal to parts of the development. The land could be considered for a business headquarters, warehouse operation, showroom or leisure venture, subject to permissions. Investors may also explore rental potential from commercial occupation once any approved scheme has been completed. Actual ROI, construction costs and rental income will depend on planning, design, financing and market conditions. Request the full documentation and confirm all legal and planning details before purchasing. Contact us to review the €3.2 million opportunity and arrange a viewing of the Almancil site.
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
