Development land in Almancil close to beaches, golf courses and Quinta do Lago is available through these two plots with a project for 15 villas. The €4,000,000 price includes the plots and approved project, but not the cost of constructing the buildings. This makes the opportunity relevant to developers seeking a planned residential scheme in the central Algarve. The total land area is approximately 6,467m². The project proposes 15 semi-detached houses, each with a swimming pool. The design concept includes a ground floor, first floor, rooftop and basement for every villa. Approximately 3,233.50m² of construction area is planned. Mains water and drainage are already available. The plots also benefit from easy access. An existing ruin is recorded on the land. Quinta do Lago is approximately 5km away, placing the site near the Algarve Golden Triangle. The closest beach is approximately 8km from the property. The sea is listed at around 5km. Golf facilities are approximately 11km away. Faro Airport is within roughly 14km, which is valuable for overseas buyers and holiday accommodation operators. Nearby town and local amenities can support everyday convenience for future residents. A completed development could appeal to purchasers looking for private pools, rooftop areas and proximity to the Algarve coast. The homes may also offer rental potential for holidaymakers seeking access to golf resorts and beaches, subject to licensing and operational requirements. Investors should commission their own appraisal of build costs, sales values, rental income and expected ROI. Contact us to review the available documentation and arrange a closer look at this Almancil development site.
• 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)
