You can buy this development opportunity in Poço Novo, Almancil, in the Algarve. The €4,000,000 purchase includes two plots measuring 6,467m² together with a project for 15 semi-detached villas with private pools. It is aimed at serious investors and developers seeking a substantial residential scheme near the Golden Triangle. The proposed construction area is 3,233.50m². Each villa is planned with a ground floor, first floor, rooftop, basement and swimming pool. The project is described as being in the elaboration and construction phase. The price includes the land and approved project, but excludes the construction of the buildings. Mains water and drainage are already available. Easy access adds practical value for future construction and residents. The plots are close to Almancil town and everyday amenities. Quinta do Lago is approximately 5km away as the nearest town listed in the property details. The nearest beach is around 8km from the site. The sea is approximately 5km away. Golf facilities can be reached at a distance of about 11km. Faro Airport is roughly 14km away, supporting accessibility for international buyers and visitors. The location combines countryside surroundings with proximity to prestigious Algarve resorts. A countryside view may enhance the setting of the planned homes. The scheme could suit a build-to-sell strategy, subject to confirming all planning, licensing and construction requirements. It may also offer rental potential within a sought-after Algarve market, although returns will depend on the final specification, costs and demand. Contact us now to request the project information and arrange a viewing.
• Plot Size 6.467m²
• Construction Area 3.233,50m²
• The price includes the plot and the approved project but not the construction of the building
• 15 Semi-Detached Houses in the elaboration (Construction) phase
• Mains Water and Drainage
• Close to Town and Amenities
• Distance to Beach 8km
These two plots are in a prime location, minutes from the Golden Triangle.
The project consists of 15 semi-detached houses. Each villa will consist of ground floor, 1st floor, rooftop, basement and pool.
• Distance to Sea – 5km
• Distance to Beach – 8km
• Distance to Nearest Golf – 11km
• Distance from Airport – 14km
• Distance to Nearest School – 13km
• Distance to Nearest Town – 5km (Quinta Do Lago)
