The asking budget to buy this 4,530m² building site in Almancil is €1,500,000. The plot lies approximately 5km from Quinta do Lago and Vale do Lobo and offers the possibility of 70% construction capacity. In addition to the purchase price, buyers should allow for professional fees, taxes, infrastructure, construction and project-management costs. The site is positioned in Almancil, around 1km from the nearest town centre. Local schools and amenities are also approximately 1km away. Algarve beaches are around 8km from the property. Faro Airport is about 11km away, supporting convenient international access. Public water and drainage are available to the plot. Tarmac road access provides a practical approach for vehicles and building deliveries. Flat land and good soil may assist with the preparation of a future project. The large area creates scope for a sizeable private residence or commercial development. The listing describes the opportunity as residential, while also highlighting possible commercial use. Outdoor parking and landscaping could be incorporated into a final design, subject to planning. Countryside and town views offer a varied setting close to established resort destinations. Golf courses, shops, schools and services in the surrounding area strengthen the site’s practical appeal. The location could suit a developer, private buyer or investor seeking a project in the central Algarve. Rental or resale prospects should be assessed against the final specification, planning conditions and current market evidence. Buyers should verify the construction percentage, permitted uses and all associated costs with qualified advisers. Contact us for the full property information and to arrange a visit to this Almancil development site.
- 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
