The €3.2 million asking price for this 7,252 m² commercial site near Almancil should be judged against its proposed development capacity and licensing position. The land is offered for sale with a planning request under assessment by the Câmara Municipal de Loulé. The submitted concept includes a 1,450 m² warehouse or commercial building plus a 1,954 m² basement. It also allows buyers to investigate the possible inclusion of a padel tennis complex with a supporting building of up to 450 m². The proposed elements create a stated usable area of 3,404 m². This scale may appeal to developers, commercial operators and investors seeking a substantial Algarve project. Almancil is approximately 1 km from the site, giving convenient access to local facilities and services. Faro Airport is around 11 km away, which may support regional connectivity and international business use. The coast is approximately 8 km from the property. A tarmac access road provides an important practical feature for future development planning. Countryside and hill views distinguish the site from a fully urban commercial setting. The nearest school is about 1 km away, reflecting the established nature of the surrounding area. A warehouse proposal could be considered for storage, trade, logistics, showroom or another permitted commercial use. The basement could offer additional capacity for storage, parking or supporting functions, subject to approval. The padel option may provide a separate leisure-led revenue model or complement the main commercial scheme. Whether the price is justified depends on the final planning decision, build costs, infrastructure requirements and achievable market values. Potential rental income and ROI should be supported by a detailed appraisal rather than assumed from the proposed areas alone. The available architectural, accessibility and property documents can help qualified advisers evaluate the opportunity. Independent legal, planning, technical and financial due diligence is essential before committing to the purchase. Contact us to review the project information and arrange a viewing of this commercial site near Almancil.
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
