Investing in this commercial development site 8 km from the Algarve coast could provide access to a sizeable 7,252 m² plot near Almancil. The property is offered for €3,200,000 and has a planning request submitted for a proposed commercial project. The concept includes a 1,450 m² warehouse or commercial building and a 1,954 m² basement, subject to approval. Its location combines proximity to the coast with practical access to Almancil, which is only 1 km away. This balance may suit businesses seeking a Central Algarve base without being directly on expensive coastal land. The site could support commercial, storage, distribution, showroom or leisure-led uses within the permitted planning framework. A possible padel tennis complex introduces an additional development direction for an investor. The supporting padel building could be up to 450 m², subject to licensing and technical approval. Sports facilities may benefit from demand among local residents, expatriates, visitors and nearby hospitality communities. The warehouse proposal could generate future owner-occupier value or rental potential after completion. The basement may provide additional space for storage, parking or operational requirements, depending on the approved plans. Faro Airport is approximately 11 km away and offers useful connectivity for regional commerce and tourism. Tarmac access can assist with construction logistics, deliveries and future visitor access. Countryside and hill views may help create a more attractive setting than a dense industrial location. Almancil’s nearby services, schools and established community support everyday business operations. Available architectural and property documents can help prospective buyers investigate the proposed development. The planning position should be checked carefully because the request is submitted and approval is still pending. Investors should obtain independent advice on construction budgets, demand, financing, taxation and projected ROI. No guaranteed income or return is stated, although the mixed-use concept may offer diversification potential. Contact us now to assess the opportunity and schedule a viewing of this commercial site in the Algarve.
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
