Development opportunities for plots in Central Algarve are plentiful, and this plot in Almancil is a prime example of what's possible. This site spans an impressive 7,252m², with a pending project approval for a commercial development comprising 1,450m² of building space and an extensive basement of 1,954m². A noteworthy aspect of this property is its proximity to Almancil, just 1km away from vibrant town life, what makes it an attractive spot for various commercial pursuits. The ongoing boom in Algarve's real estate market, driven by both locals and expatriates, underscores the potential this plot holds for impressive returns on investment. The proposed paddle tennis court complex signals adaptability in development, supporting the increasing trend toward sports and recreation in the region. With easy access to key transport connections, including the beach and the airport, businesses in this location are set to thrive within a bustling environment. Additionally, the diverse landscape surrounding Almancil fosters a rich community life and supports various business opportunities—from restaurants and retail to leisure facilities. Individuals looking to explore development prospects will find this an exceptional chance to establish a foothold in one of Portugal's most sought-after areas. Don’t hesitate; reach out to us for further information and to schedule an immediate viewing!
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
