You can buy this 7,252 m² commercial development plot near Almancil for €3,200,000. A planning request has been submitted to the Câmara Municipal de Loulé for licensing approval of a warehouse or commercial building. The proposal also allows for a potential padel tennis complex with a supporting building of up to 450 m². Located just 1 km from Almancil, the site offers convenient access to local services and businesses. The plot is classified for commercial use and is available for sale to a developer or commercial investor. The submitted proposal includes approximately 1,450 m² of warehouse or commercial space. It also includes a proposed basement area of approximately 1,954 m². A separate padel development could create an additional leisure and sports revenue stream. The site has tarmac access, supporting practical construction and customer access. Countryside and hill views may add visual appeal to the completed development. Almancil is a well-known Central Algarve town with an established local community. The property is approximately 8 km from the Algarve coast and its popular beaches. Faro Airport is around 11 km away, which benefits regional staff, clients and visitors. Schools and everyday amenities are available approximately 1 km from the plot. The location may suit logistics, storage, trade, retail, leisure or mixed commercial concepts, subject to final approvals. Buyers can review the available architectural, planning and property documentation during the purchasing process. Potential rental income could arise from warehouse, commercial or sports facilities once developed and let. Exact returns, operating costs and rental demand should be assessed through an independent feasibility study. The asking price is €3,200,000, with development costs and licensing requirements requiring separate consideration. Contact us now to review the proposal and arrange a viewing of this Central Algarve investment 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
