Developers may consider these two Almancil plots because they include an approved villa project near Quinta do Lago. The purchase price is €4,000,000 for the land and project, while construction is not included. The opportunity combines a 6,467m² site with a proposed scheme for 15 semi-detached pool villas. That scale could suit a developer seeking a substantial residential project in the central Algarve. The planned construction area is approximately 3,233.50m². Each villa is designed across a ground floor, first floor, rooftop and basement. Private swimming pools are included in the proposed villa concept. Quinta do Lago is approximately 5km from the site. The nearest beach is around 8km away. Golf facilities are approximately 11km from the plots. The sea can be reached in roughly 5km. Almancil and nearby towns provide access to shops, restaurants and practical services. Faro Airport is about 14km away, supporting international access for future owners and visitors. The property has mains water and drainage. Easy access may help facilitate the development process. An existing ruin is located on the land. The countryside setting offers an alternative to a dense urban environment. The project could be positioned for resale, second-home ownership or holiday accommodation, subject to applicable regulations. Potential profitability will depend on build costs, sales values, financing, timing and the final development strategy. Contact us to assess the documentation and discuss buying this Almancil development site.
• 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)
