An important investment opportunity in Almancil is available through two plots with a project for 15 semi-detached villas with pools. The total asking price is €4,000,000, including the 6,467m² of land and the project, but excluding construction. This residential development could suit a developer seeking multiple saleable units in a prestigious Algarve location. The proposed scheme has a total construction area of 3,233.50m². Each home is planned across a ground floor, first floor, rooftop and basement. A private pool for every villa is intended to strengthen the appeal to buyers and holiday-rental guests. The project is in the elaboration and construction-planning phase. Mains water and drainage are available, helping to support the planned residential use. The site also benefits from easy access and an existing ruin. Almancil provides a strategic base between the coast, golf resorts and Faro. Quinta do Lago, the nearest town listed for the property, is approximately 5km away. Beaches are around 8km from the development plots. The sea is approximately 5km away for residents seeking coastal activities. Golf courses are within about 11km, supporting demand from leisure-focused purchasers. Faro Airport is approximately 14km away and serves international travel requirements. The Golden Triangle setting can appeal to premium residential buyers and investors. A developer could consider individual villa sales, a retained rental portfolio or a blended exit strategy. Potential ROI will depend on acquisition structure, construction budgets, sales values, rental rates and final permissions. The project offers scale without requiring the acquisition of multiple separate sites. Contact us today to explore the documentation, development potential and next steps for this Almancil investment.
• 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)
