This Almancil land investment offers planning for 15 semi-detached villas with private pools at an asking price of €4,000,000. The opportunity comprises two plots totalling 6,467m², with a planned construction area of 3,233.50m². It is particularly suited to developers looking for a sizeable residential project in the Algarve. The proposed villas are in the elaboration and construction phase of the project. Each home is planned with a ground floor, first floor, rooftop, basement and pool. The land and project are included in the price, but the buildings themselves still need to be constructed. Mains water and drainage are available on the site. Easy access can assist future construction logistics and resident arrivals. The plots are close to Almancil town and local amenities. They are also positioned near the sought-after Algarve Golden Triangle. The nearest beach is approximately 8km away. The sea is listed at about 5km from the development. Golf is available within approximately 11km. Faro Airport is around 14km away for convenient international connectivity. Quinta do Lago is approximately 5km from the property. This setting may attract buyers seeking pool villas close to beaches, golf and premium resorts. Developers could consider individual sales, a managed rental model or a phased exit strategy. Any rental potential and return on investment should be assessed against construction budgets, financing, taxes and market demand. The available project and land documentation can support a more informed due-diligence process. Contact us today to discuss this Algarve development opportunity and arrange a site visit.
• 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)