For buyers seeking an investment plot near the Algarve coast, this 4,530m² Almancil property is offered at €1,500,000. It provides the possibility of 70% construction capacity and can be considered for residential or commercial development, subject to planning approval. The site is approximately 8km from the coast and only 5km from Quinta do Lago and Vale do Lobo. Almancil town centre is around 1km away, giving future occupiers access to established amenities. The flat land and good soil conditions may help create an efficient foundation for a new project. Public water and drainage connections are available for future development planning. Tarmac access roads support easy arrival and construction access. Outdoor parking is included in the recorded site specifications. The setting combines countryside and town views, offering flexibility for different design concepts. A substantial private villa could appeal to buyers wanting space close to the Algarve’s recognised resort destinations. A commercial scheme could potentially serve nearby residents, golfers, tourists and local businesses. Any proposed use should be assessed against current planning rules before purchase. Quinta do Lago and Vale do Lobo provide nearby leisure, golf and lifestyle attractions. Local schools are accessible, with the nearest school approximately 1km from the plot. Faro Airport is about 11km away, which is useful for international owners, guests and business operators. Approved residential accommodation could be assessed for long-term rental, holiday rental or resale demand. Commercial rental potential may also be investigated, depending on the final building, licences and local market conditions. The location offers a broad development brief rather than a pre-built asset with fixed income. Investors should obtain independent planning, legal and financial advice and model construction costs before committing funds. Contact us now to explore this Algarve development opportunity and arrange a site visit.
- 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
