These two investment plots for sale in Almancil, Algarve, include an approved project for 15 semi-detached villas with private pools. The asking price is €4,000,000 for the plots and approved project, excluding construction costs. They offer a substantial development opportunity near the Algarve’s prestigious Golden Triangle. The combined plot area measures 6,467m². The planned construction area is approximately 3,233.50m². Each proposed villa is designed with a ground floor, first floor, rooftop, basement and swimming pool. The scheme is currently described as being in the elaboration and construction-planning phase. Mains water and drainage are already available. Easy access adds practical value for future construction and residents. The plots also include an existing ruin. Almancil provides convenient access to local shops, services and everyday amenities. Quinta do Lago is approximately 5km away. The nearest beach is around 8km from the site. The sea is approximately 5km away. Golf facilities can be reached within roughly 11km. Faro International Airport is about 14km away. The location may appeal to developers targeting second-home buyers, holidaymakers and long-term residents. A completed villa scheme in this area could offer rental and resale potential, subject to final costs, market conditions and all required approvals. Buyers should undertake independent legal, planning and financial due diligence before committing. Contact us now to discuss this Algarve development opportunity and arrange further information.
• 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)