You can buy this 7,252 m² commercial development plot near Almancil in the Central Algarve for €3,200,000. The land is positioned approximately 1 km from Almancil and is offered with a planning request submitted for commercial development. The proposal includes a warehouse or commercial building of 1,450 m², together with a possible 1,954 m² basement and a padel tennis complex. This substantial plot provides scope for a major commercial project in a well-connected part of the Algarve. Its tarmac access makes the site practical for future customers, staff, deliveries and construction traffic. Almancil is around 1 km away, providing access to local shops, services, restaurants and everyday amenities. A school is also located approximately 1 km from the plot. The beach is about 8 km away, adding lifestyle appeal and access to the coastal tourism market. Faro Airport is approximately 11 km away, supporting convenient access for international visitors and business users. The proposed warehouse could suit logistics, storage, trade, retail or other commercial uses, subject to licensing and final approval. The additional basement area may provide valuable space for parking, storage, plant or operational facilities. A padel tennis complex could introduce a leisure-focused income stream alongside the main commercial building. The supporting building for the padel facilities may extend to 450 m², subject to the relevant permissions. Countryside and hill views could enhance the setting of the development and provide an attractive outlook for visitors. The Central Algarve attracts residents, tourists, entrepreneurs and established businesses throughout the year. Buyers can investigate several potential revenue models, including commercial leasing, warehouse occupation, retail operations or leisure activities. Rental income and return on investment will depend on the final design, costs, approvals, demand and management strategy. Planning approval is still pending, so purchasers should complete full legal, technical and planning due diligence before committing. Documentation available for review includes architectural, accessibility, cadastral and planning-related files. Contact us now to discuss how to buy this commercial development plot and arrange further information or a site visit.
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
