A 4,530m² investment plot is for sale in Almancil for potential residential or commercial development. The asking price is €1,500,000, with 70% construction capacity indicated in the property details. Buyers can consider creating a substantial villa project or a commercial outlet, subject to the relevant planning approvals. Located in Lugar do Poço Novo, the site benefits from easy access and tarmac roads. Its flat land provides a practical setting for future construction. Good soil conditions are described as suitable for building. Public water and drainage connections are available at the plot. Outdoor parking can also be incorporated into a future scheme. The location is approximately 1km from Almancil town centre. Local schools are around 1km away, supporting the appeal of a family-oriented residential project. Almancil provides everyday amenities, shops, services and restaurants within convenient reach. The site is approximately 5km from the prestigious areas of Quinta do Lago and Vale do Lobo. The Algarve coast and nearby beaches are accessible, with the beach around 8km away. Faro Airport is approximately 11km from the property. Nearby golf courses may strengthen the appeal of accommodation or leisure-related development. A finished project could target permanent residents, holiday users or commercial customers, depending on the approved use. The location may offer rental or resale potential, although returns will depend on the final project, costs and market conditions. Buyers should review the available topographical, land registry and planning documentation before proceeding. Contact us now to arrange further information and explore this Almancil development opportunity.
- 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
