This 7,252 m² plot near Almancil is an investment opportunity with potential for both a commercial building and a padel tennis complex. The asking price is €3,200,000, and the land is approximately 1 km from Almancil town in the Central Algarve. A planning request has been submitted for a 1,450 m² warehouse or commercial building with a 1,954 m² basement, subject to licensing approval. The proposed padel concept could include courts and a supporting building of up to 450 m². This creates a possible route for combining commercial space with a leisure-focused business. The site may therefore interest developers, sports operators and investors seeking a versatile Algarve landholding. The proposed warehouse and basement provide substantial area for storage, business operations or other permitted commercial functions. A padel facility could generate revenue through court bookings, memberships, coaching and associated services if approved and successfully developed. These potential income streams require detailed feasibility work and cannot be guaranteed. Almancil is a busy town with local amenities and convenient links across the Algarve. The coast is approximately 8 km away, placing the site within reach of beaches and established tourism destinations. Faro Airport is around 11 km away, which is useful for international business owners and visitors. A nearby school, approximately 1 km away, adds to the established nature of the surrounding area. The plot has tarmac access and countryside and hill views. Its scale may allow a developer to investigate phased construction or a carefully planned multi-use scheme. Documents relating to the architectural and planning proposals are available for review. Buyers should confirm the current position with Loulé Municipal Council before relying on any development assumption. Commercial rental potential and future capital growth should be assessed against acquisition, construction, financing and operating costs. Contact us today to explore whether this Almancil investment plot matches your development strategy.
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
