The asking price for this commercial plot with project approval pending in Central Algarve is €3,200,000. Located in the vibrant town of Almancil, this investment opportunity offers a total plot area of 7,252 m², making it suitable for various commercial ventures. The submitted planning request allows for a building area of 1,450 m² for either warehouse or commercial use, maximising the return on investment potential. Investors will benefit from the robust regional economy of the Algarve, fostering growth in tourism and local businesses. The plot's positioning also provides convenience, located only 1 km from Almancil, while still keeping the beautiful beach within an 8 km radius. The accessibility to Faro Airport, just 11 km away, adds additional appeal for potential business customers and clients. Understanding the competitive landscape, this property uniquely features plans for further development, such as a paddle tennis court complex. Not only does this enhance its attractiveness, but it also diversifies potential income streams for savvy investors. Act quickly to secure this opportunity and tap into the lucrative market of Central Algarve! Reach out to us for more information.
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
