Buying these two development plots in Almancil offers access to a 6,467m² site with a project for 15 semi-detached villas and pools. The property is priced at €4,000,000, with the plots and project included but construction excluded. Its location just 8km from the beach and 11km from golf creates a strong setting for a multi-unit residential development. The proposed villas are designed with ground-floor and first-floor accommodation. Each home will also include a rooftop, basement and pool within the planned concept. The total projected construction area is 3,233.50m². The project is currently in the elaboration phase. Mains water and drainage are available, helping to reduce some infrastructure considerations. The land has easy access for future construction and residential use. An existing ruin is located on the property. Poço Novo is close to Almancil’s amenities and the wider Loulé area. Quinta do Lago is approximately 5km away and provides access to an established resort environment. The sea is approximately 5km from the plots. The nearest beach is around 8km away for convenient coastal leisure. Golf courses are about 11km away, supporting the appeal of the proposed homes to golf-oriented buyers. Faro Airport is approximately 14km away for residents, investors and international visitors. The Golden Triangle location may support demand for premium homes and rental accommodation. Fifteen units offer the possibility of selling individually or retaining a diversified investment portfolio. Rental potential and ROI will depend on the final specification, planning position, construction costs and market performance. Contact us now to examine the project and arrange a viewing of these Almancil development plots.
• 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)
