The development opportunity near Quinta do Lago offering an approved project for 15 semi-detached homes is located in Almancil. The two plots are available for €4,000,000, including the project but excluding the cost of construction. Their position, approximately 5km from Quinta do Lago, places the scheme close to the Algarve Golden Triangle. The combined land area extends to 6,467m². The proposed development has a stated construction area of 3,233.50m². Fifteen semi-detached houses are planned. Each home is designed to include a ground floor, first floor, rooftop, basement and pool. This layout offers a strong basis for a modern residential community, subject to the final project and applicable regulatory requirements. Mains water and drainage are already available. Easy site access may assist future building operations and resident convenience. Local town amenities are within reach. The beach is approximately 8km away for coastal leisure and family outings. The sea is listed at about 5km from the land. Golf enthusiasts can access the nearest course in approximately 11km. Faro Airport is around 14km away, which is useful for an internationally focused sales strategy. The countryside view provides an attractive contrast to the nearby resort environment. The completed homes could be marketed to buyers seeking private pools, rooftop space and proximity to golf and beaches. A developer might evaluate individual sales, a managed rental portfolio or a blended exit strategy. Financial returns will depend on acquisition, construction, sales and operating costs, so independent due diligence is essential. Contact us now for the project details and to arrange an inspection of the 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)
