You can buy this 7,252m² commercial development plot near Almancil in the Algarve for €3,200,000. The land is positioned in Igreja, approximately 1km from Almancil and within the Central Algarve. It is offered for sale as a commercial plot with a planning request submitted to the Municipality of Loulé. The proposed development includes a warehouse or commercial building with 1,450m² of above-ground area. A further 1,954m² basement is included in the submitted proposal. There is also potential for a padel tennis complex on the site. The padel concept could include a supporting building of up to 450m². This creates flexibility for logistics, commercial, leisure or mixed business uses, subject to the required approvals. Tarmac access provides practical connectivity to the property. Countryside and hill views add an attractive setting for a commercial investment. Almancil is close enough for convenient access to local services and everyday amenities. A school is approximately 1km away. The beach is around 8km from the plot, offering proximity to the Algarve’s coastal lifestyle and visitor economy. Faro Airport is approximately 11km away, supporting access for business owners, staff and potential customers. The location may appeal to developers seeking a sizeable commercial opportunity in a well-known Algarve region. The proposed warehouse element could suit distribution, storage, trade or other approved commercial activities. A padel facility could provide an alternative leisure-led business model, subject to licensing and final planning consent. The available architectural and planning documents can support a buyer’s due-diligence process. Investment returns, rental income and future resale value will depend on the final project, approvals, construction costs and market conditions. Contact us now to arrange further information and explore this Almancil development opportunity.
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
