Land for sale in Poço Novo, Almancil, offers two plots and a project designed for 15 semi-detached homes near the Golden Triangle. Priced at €4,000,000, the opportunity includes 6,467m² of land and the approved project, excluding construction costs. It could suit developers searching for a sizeable residential development site in the central Algarve. The proposed scheme provides 3,233.50m² of construction area. Each home is planned to include a basement, ground floor, first floor, rooftop and private swimming pool. The project is recorded as being in the elaboration and construction phase. Residential use is specified for the property. Mains water and drainage are available on the site. The plots also benefit from easy access. An existing ruin is present within the property details. Almancil provides access to local services, shops and amenities. Quinta do Lago, one of the region’s best-known resort areas, is approximately 5km away. The nearest beach is around 8km from the development land. Golf courses are approximately 11km away. The sea is listed at about 5km. Faro Airport can be reached at roughly 14km. A school is approximately 13km from the plots. The setting combines countryside views with convenient connections to resort, coastal and leisure destinations. The planned villa format may appeal to buyers seeking modern Algarve homes with outdoor swimming space. Developers could consider selling the villas individually or retaining them as a rental portfolio, subject to approvals and feasibility. Any projected return will depend on final build costs, sales prices, rental performance and market conditions. Contact us today for the project details, planning documents and viewing arrangements.
• 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)
