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What is the cost of residential land with approved projects in Algarve?

Plot in Almancil

ref. VM1981
4.710.648$
  • NA
  • 6.467m2

The cost of residential land with approved projects in the Algarve is showcased in this attractive listing for two plots in Almancil, available for €4,000,000. This investment not only includes the land size of 6,467m² but also an approved plan for constructing 15 semi-detached villas, poised for significant return on investment. Each villa will feature a spacious layout, including a ground floor, first floor, rooftop space, and private pools, making it highly appealing to future tenants or buyers.
The location is ideally situated just 8km from stunning beaches and 11km from world-class golf courses, ensuring a desirable living environment highly sought after by investors. Furthermore, proximity to the Golden Triangle enhances the area's exclusivity and investment potential. With easy access to mains water and drainage, this project is well-prepared for development.
As an investor, you'll appreciate the high demand for residential properties in the Algarve, where the market trends indicate steady growth. Buyers are continuously on the lookout for quality homes in this premium area, making this opportunity both lucrative and timely.
Explore this property for its long-term benefits while securing your stake in one of Portugal's most distinguished regions. Don't let this chance pass by—contact us to discuss this exceptional investment further!

Usage
Residential
Type
Plot
Town
Almancil
Parish
Almancil
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
6.467 m²
Countryside View
• 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.

Amenities

• Mains water & drainage
• Easy access
• Existing ruin

Location

• 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)
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