The Algarve region presents lucrative investment opportunities for those looking to purchase land, particularly in Almancil where a prime plot is available for €1,500,000. Spanning 4,530m² and with a construction capacity of 70%, this plot offers the potential for both residential and commercial development. The location is unmatched, lying just 5 km from the upscale Quinta do Lago and Vale do Lobo areas. These are highly desirable areas, contributing to an increase in property values and attracting affluent buyers. Access to public utilities, including water and drainage, enhances the attractiveness of this flat plot, making it ready for immediate construction. Furthermore, the beautiful Algarve coastline, with its stunning beaches just 8 km away, offers a lifestyle that appeals to both residents and tourists alike. Local amenities including schools, shops, and golf courses add to the convenience and overall investment appeal of this property. Immense rental potential is also a significant aspect to consider, with many seeking vacation homes in this picturesque region. For those aiming to capitalize on the thriving Algarve market, investing in this land can yield substantial long-term returns. Don't hesitate, seize this opportunity today and contact us to learn more!
- Area 4530m2
- Investment opportunity
- Easy access
- Close to beach and amenities
This plot is located in the town of Almancil, just 5km to exquisite areas of Quinta do Lago and Vale do Lobo.
The plot has an area of 4530m² with possibility of 70% construction capacity. There is access to public water and drainage, it is on flat land and good soil meaning it is ready for building upon. It also has great access roads and the finished project depending on what you build will be a large villa or commercial outlet close to all the amenities of Almancil including schools and golf courses.
Location
Distance to Beach: 8km
Distance to Airport: 11km
Distance to nearest town (Almancil): 1km
Distance to School: 1km
