This commercial plot with project approval pending in the Algarve is priced at €3,200,000. Located near Almancil, the 7,252 m² site offers a sizeable opportunity for buyers planning a commercial development. A planning request has been submitted to the C. M. de Loulé for a 1,450 m² warehouse or commercial building. The proposal also includes approximately 1,954 m² of basement space. There is additional potential for a padel tennis complex with a supporting building of up to 450 m². The approval remains pending, so purchasers should verify the current status and conditions before committing. The scale of the site allows several commercial concepts to be considered within one investment. It may appeal to developers, trading businesses, logistics operators or leisure entrepreneurs. The proposed warehouse could support business premises, storage, distribution or other permitted commercial uses. The padel concept could broaden the site’s income potential by introducing a sports and recreation element. Final uses, layouts and returns will depend on licensing, construction costs and market demand. At €3.2 million, the purchase price should be assessed alongside the development potential and associated professional fees. The property is situated in Igreja, just 1 km from Almancil in the Central Algarve. Tarmac access provides a practical starting point for future site operations. Faro Airport is approximately 11 km away, supporting regional and international connectivity. The beach is around 8 km from the plot, helping place the site within an active Algarve business and tourism region. Nearby Almancil offers local services, schools and established residential communities. Countryside and hill views provide an attractive backdrop despite the property’s commercial purpose. Buyers can review available architectural, planning and property documentation during the due diligence process. Professional advice should be obtained to assess the planning request, construction programme, potential rental income and expected investment performance. Contact us today for the full details and to explore whether this Algarve commercial plot matches your acquisition plans.
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
