A 7,252 m² development site with a proposed 1,450 m² warehouse and 1,954 m² basement is available for sale near Almancil, Algarve. The asking price is €3,200,000, with the land positioned approximately 1 km from Almancil town. A planning request has been submitted to Loulé Municipal Council for licensing approval of the proposed commercial building. The approval is pending, so purchasers must verify the planning position and permitted scheme before proceeding. The proposed warehouse or commercial structure is supported by a substantial basement area. Together, the two elements represent approximately 3,404 m² of proposed built space. The site may suit logistics, storage, commercial operations, a showroom or another approved business use. There is also potential for a padel tennis court complex on the wider plot. A supporting padel building of up to 450 m² is contemplated within that possibility. This gives buyers an opportunity to investigate a commercial and leisure-led development concept. The land is accessed by a tarmac road, helping with practical connectivity. Almancil offers a central base for serving nearby communities, businesses and visitors. The beach is around 8 km away, while Faro Airport is approximately 11 km from the site. A school is located about 1 km away, reflecting the established local setting. Countryside and hill views may contribute to the appeal of the site for a well-designed project. The property lies in Loulé municipality, within the commercially active Central Algarve region. A developer could assess whether the proposed facilities are best delivered together or through separate phases. Potential rental income and operational revenue will depend on final approvals, construction quality, tenant demand and management. Independent legal, planning and financial advice is essential before acquiring this development land. Contact us now for the documentation, further details and an appointment to view the site.
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
