Buyers can purchase this 4,530m² development plot for sale in Almancil, Algarve, for €1,500,000. The site is intended as an investment opportunity with potential for residential or commercial development. Its flat terrain, good soil, public water and drainage connections make it well suited to a future building project. Located on Lugar do Poço Novo, the plot is approximately 1km from Almancil town centre. Quinta do Lago and Vale do Lobo are both around 5km away. The Algarve coastline and nearby beaches are approximately 8km from the property. Faro Airport can be reached in roughly 11km. Almancil schools and everyday amenities are conveniently located nearby. The land has an indicated construction capacity of 70 percent. This provides scope for creating a substantial private villa or a sizeable commercial outlet, subject to the relevant planning approvals. Its residential or commercial potential gives buyers flexibility when developing a long-term strategy. Tarmac road access supports straightforward arrival for future construction and visitors. Outdoor parking can also be accommodated within the site, subject to the final project design. Countryside and town views add variety to the surrounding setting. The nearby golf destinations of Quinta do Lago and Vale do Lobo strengthen the location’s appeal. A completed residential project could suit private occupation, a luxury holiday home or a rental investment. A commercial development may benefit from proximity to established communities, schools, golf courses and coastal resorts. The land is offered for sale as a private investment property and should be assessed through professional planning and legal due diligence. Contact us now to arrange further information and explore this Almancil development opportunity.
- 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
