A specialist Algarve property agent can help buyers investigate the purchase of these two Almancil plots with an approved scheme for 15 pool villas. The property is available for €4,000,000, including the plots and approved project but excluding construction. It is marketed as an opportunity for serious investors and developers. The land covers 6,467m² in total. The proposed development contains 15 semi-detached houses. Each villa is planned with a swimming pool, ground floor, first floor, rooftop and basement. The estimated construction area is 3,233.50m². The site is located in Poço Novo, Almancil. It lies close to the Algarve Golden Triangle and approximately 5km from Quinta do Lago. The nearest beach is about 8km away. Golf is available within approximately 11km. The sea is around 5km from the plots. Faro International Airport is roughly 14km away. A nearby town is approximately 5km away and offers everyday amenities. The property benefits from mains water and drainage. Easy access supports the potential delivery of a future residential scheme. An existing ruin is included on the land. The location may provide a strong setting for villas aimed at lifestyle purchasers, holiday users or rental clients. Investors can examine the project’s resale and rental potential, with actual returns dependent on construction, operation and market conditions. Professional legal, planning and financial advice is recommended before exchanging contracts. Contact us now to learn how to purchase this Algarve development opportunity and request a viewing or project information.
• 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)
