Investing in this commercial development plot 8 km from the Algarve coast could give buyers access to a sizeable site near Almancil. The property is offered for sale at €3.2 million and has a total plot area of 7,252 m². Its proposed development includes a 1,450 m² warehouse or commercial building and a 1,954 m² basement, subject to council licensing. The planning request has been submitted to the Câmara Municipal de Loulé and is currently being assessed. There is also potential for a padel tennis complex with a supporting building of up to 450 m². Such flexibility may suit an investor investigating commercial, storage, leisure or combined-use concepts. The stated usable area of the proposed scheme is 3,404 m². Almancil is only 1 km away, offering convenient proximity to local shops, services and the town’s established community. Faro Airport is approximately 11 km from the plot. The airport connection may benefit businesses requiring access for clients, suppliers, employees or overseas owners. The Algarve coastline and beaches are around 8 km away. This position can connect a commercial operation with both inland communities and coastal activity. A tarmac access road supports practical vehicle access to the site. Countryside and hill views provide a less urban backdrop than many commercial locations. The nearest school is approximately 1 km away, adding to the convenience of the surrounding area. Investors may examine opportunities for owner occupation, commercial letting or eventual resale. Any ROI or rental potential will depend on the approved use, construction budget, operating model and market conditions. The asking price should therefore be considered through a detailed feasibility study. Available architectural, accessibility and planning documents can assist advisers during due diligence. Buyers should obtain independent confirmation of all licensing, infrastructure and development matters before proceeding. Contact us today to explore the investment case and schedule a site visit.
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
