Developers can buy two connected plots in Poço Novo, Almancil, close to Algarve beaches, golf courses and Quinta do Lago. The €4,000,000 opportunity includes 6,467m² of land and a project for 15 semi-detached villas with private pools. It is positioned for buyers seeking a substantial development opportunity near the Golden Triangle. The proposed scheme allows for 3,233.50m² of construction area. Each villa is planned over a basement, ground floor, first floor and rooftop. A private pool is included in the design of every proposed home. The land is designated for residential use. The project is described as approved, with construction costs excluded from the asking price. Mains water and drainage are available to the plots. Easy access should benefit construction logistics and future residents. An existing ruin is also recorded on the property. Quinta do Lago is approximately 5km away. The nearest beach is around 8km from the site. Golf courses are approximately 11km away. The sea is listed at about 5km. Faro Airport is approximately 14km distant. The nearest school is around 13km away. Almancil and surrounding amenities provide convenient access to services and daily requirements. The countryside setting may offer an attractive contrast to the nearby resort and coastal lifestyle. The completed villas could appeal to private buyers, second-home owners or tenants, subject to the final design and market positioning. Potential investment performance should be verified through a detailed feasibility study covering construction, sales and rental assumptions. Contact us now to explore the documentation and schedule a viewing of these Algarve development plots.
• 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)
