Investing in this commercial building plot 1 km from Almancil could provide access to a large, strategically positioned development opportunity in the Algarve. The 7,252 m² plot is for sale at €3,200,000. It has potential for a 1,450 m² warehouse with 1,954 m² of basement space, subject to licensing approval. A proposed padel tennis complex with a support building of up to 450 m² adds further flexibility. Almancil is a vibrant town in the Central Algarve with established local amenities. The site is approximately 11 km from Faro Airport. It is also around 8 km from the nearest beach. A school lies roughly 1 km away. Tarmac access supports practical access for commercial vehicles and visitors. The countryside and hill outlooks may enhance the setting of a customer-facing leisure scheme. Buyers could consider a warehouse, storage facility, trade operation or leisure business. The scale of the land may allow an investor to plan a substantial commercial footprint. A warehouse could offer future occupational or rental potential once developed. Padel facilities could create recurring revenue through court bookings, memberships and related services. These income possibilities are not guaranteed and require a detailed feasibility study. Planning, construction expenditure, operating costs and local competition should all be assessed. The municipality has received a planning request, but final licensing remains pending. Architectural and property documents are available to support due diligence. This opportunity may suit an experienced developer seeking a long-term Algarve investment. Contact us today for the full information pack and to arrange a viewing.
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
