This 7,252m² investment plot for sale in the Central Algarve offers potential for a padel tennis complex near Almancil. It is priced at €3,200,000 and is located in Igreja, approximately 1km from Almancil. A planning request has been submitted for a possible padel complex with a supporting building of up to 450m². Planning approval remains pending, so the final development scope must be confirmed with the relevant authorities. The site also has a proposal for a 1,450m² warehouse or commercial building. An additional 1,954m² basement is included in that proposed commercial scheme. This allows buyers to consider a leisure-led project, a commercial development or a combination of approved uses. Padel continues to attract interest as a social, active and membership-based leisure concept. The plot’s size may provide room for courts, circulation, parking and ancillary facilities, subject to the approved design. Tarmac access supports practical arrival for visitors, staff and deliveries. Almancil’s services are approximately 1km away and can support the needs of a future operation. Faro Airport lies around 11km from the property, which may assist access for international residents and visitors. The nearest beach is about 8km away, linking the opportunity with the Algarve’s established tourism market. Countryside and hill views could enhance the atmosphere of a leisure venue. A school approximately 1km away contributes to the established local surroundings. Investors may explore membership income, court hire, coaching, events and food or beverage services, subject to the final business plan and permissions. Any ROI or rental potential should be tested against construction costs, operating expenses, competition and confirmed licensing. Supporting documents are available for professional review during the acquisition process. Contact us to investigate the planning position and assess this potential padel investment in 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
