Buying this large commercial development site could give investors a 7,252 m² plot just 1 km from Almancil and approximately 8 km from the beach. The property is offered for sale at €3,200,000 in Igreja, Central Algarve. Its location combines proximity to an established town with convenient access to the coast and Faro Airport. A planning request has been submitted for a proposed 1,450 m² warehouse or commercial building. The development concept also includes a basement of approximately 1,954 m². There is further potential for a padel tennis complex supported by a building of up to 450 m². This gives the site a broader commercial profile than land intended for one building alone. The large area may enable practical planning for parking, vehicle movements, landscaping and customer access. Tarmac access supports the site’s future commercial usability. Almancil is close by for shops, services, schools and local business activity. The beach at around 8 km may help attract businesses connected with tourism, recreation and the wider coastal economy. Faro Airport is approximately 11 km away, which is valuable for companies with regional or international links. Countryside and hill views provide an open setting for a commercial or leisure destination. The proposed warehouse could suit owner-occupation, storage, distribution or commercial rental, subject to the final licence. The padel concept could add a recurring leisure income stream through court hire, memberships and related services if approved and developed. Investors should regard these as potential uses rather than guaranteed returns. The project approval is still pending, making legal and planning due diligence especially important. Buyers should also assess construction budgets, infrastructure requirements, operating costs and local demand. Architectural, planning and property documents are available to support a detailed review. This opportunity may suit a developer seeking scale, flexibility and a strategic Algarve location. Contact us today to discuss the site, confirm the planning position and arrange the next steps.
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
