Understanding the costs involved in purchasing land for villa development near the Algarve's Golden Triangle is critical for serious investors. The two available plots in Almancil are offered at a competitive price of €4,000,000 for a total size of 6,467 m². This price is inclusive of the approved project for constructing 15 semi-detached villas, making it an attractive proposition in a high-demand area. Buyers will also need to consider additional costs such as registration fees, notary fees, and potential construction costs, which are not included in the land price. With a permitted construction area of 3,233.50 m² and existing connections to mains water and drainage, you can plan for an efficient build. Given the area’s reputation and proximity to upscale amenities, the value of properties here is expected to appreciate significantly, ensuring a sound investment. If you’re looking to navigate the costs and financing options available to you, get in touch with us today!
• 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)