The asking price for the 7,252 m² commercial development site near Almancil is €3,200,000. This Algarve plot is for sale to buyers seeking a substantial landholding with commercial development potential. A planning request has been submitted for a 1,450 m² warehouse or commercial building and a 1,954 m² basement. The total proposed area is approximately 3,404 m². The planning request is with the Municipality of Loulé for licensing consideration and is not presented as final approval. The property is approximately 1 km from Almancil. Faro Airport is around 11 km away, which may benefit logistics, business travel, and customer access. The coastline is approximately 8 km from the site. A school is also located within about 1 km. Tarmac access provides a practical approach for future development and commercial traffic. The setting includes countryside and hill views. Buyers could investigate warehouse, storage, distribution, trade, showroom, or alternative commercial uses subject to permission. The basement may offer flexibility for storage, parking, plant, or operational areas within the approved scheme. There is also potential for a padel tennis complex with a supporting building of up to 450 m². Such flexibility could allow an investor to compare a traditional commercial project with a leisure-led concept. The site may appeal to developers, business owners, sports operators, and commercial landlords. Its position near the coast and airport may support access to local residents, visitors, and Algarve businesses. Expected ROI, rental income, and resale value should be calculated using independent market evidence rather than assumed. Due diligence should cover planning, title, infrastructure, construction costs, taxation, and funding requirements. The property is identified by reference VM2376 and is currently available for purchase. Contact us now to confirm the asking price, request the supporting documents, and arrange a viewing.
This plot presents a unique investment opportunity, positioned within a thriving region known for its growth and potential. Whether you are looking to develop a new business or expand your current interests, this location provides an excellent foundation for success.
Located close to Almancil, a planning request has been submitted to the C. M. de Loulé for licensing approval of a building (warehouse / commercial) with an area of 1450m2 + 1954m2 of basement, as well as the possibility of building a paddle tennis court complex (with a building of up to 450m2 to support it).
Location
Distance to Beach: 8km
Distance to Airport: 11km
Distance to nearest town (Almancil): 1km
Distance to School: 1km
