A commercial development opportunity 1km from Almancil and 8km from the beach can be found at this 7,252m² plot in Igreja, Central Algarve. The property is for sale at €3,200,000. Its submitted planning request proposes a 1,450m² warehouse or commercial building together with a 1,954m² basement. The proposal is still awaiting licensing approval from the Municipality of Loulé. Buyers seeking a sizeable Algarve development site can therefore evaluate the opportunity subject to planning confirmation. The land is close to Almancil’s shops, services and local amenities. Faro Airport is approximately 11km away for convenient regional and international connections. The beach is around 8km from the site, combining commercial practicality with access to coastal attractions. A school is located approximately 1km away. Tarmac access supports straightforward vehicle access to the plot. Countryside and hill views create an open setting for the proposed development. The site may suit a warehouse, showroom, trade facility, storage operation or another approved commercial use. The proposed basement could increase usable capacity for storage, services, parking or operational support. There is also potential for a padel tennis complex with a building of up to 450m². This alternative could broaden the site’s appeal to leisure operators and entrepreneurial investors. The location may benefit businesses targeting residents, tourism-related demand and the wider Algarve market. Buyers can examine the available plans, architectural material and property documentation as part of their due diligence. Future rental income, resale value and ROI will depend on planning, construction, financing, management and market conditions. Professional advice should be obtained before relying on the proposed areas or uses. Contact us today to arrange further details and explore this commercial development opportunity near Almancil.
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
