Developers may consider these two Almancil project plots because they combine a 6,467m² site with a project for 15 semi-detached villas and private pools. The asking price is €4,000,000, including the plots and approved project but excluding building construction. Their location approximately 8km from the nearest beach places the planned homes within practical reach of the Algarve coast. The site also lies close to the Golden Triangle, one of the central Algarve’s most prestigious areas. A total planned construction area of 3,233.50m² provides a substantial basis for a multi-unit residential scheme. Each proposed villa includes a ground floor, first floor, rooftop, basement and pool. The project is currently in the elaboration and construction phase. Developers can therefore assess a defined housing concept rather than starting with undeveloped land alone. Mains water and drainage are available at the plots. Easy access may assist with site operations and future occupancy. An existing ruin is present and should be reviewed as part of the acquisition and construction assessment. Quinta do Lago is approximately 5km away and offers proximity to established resort amenities. The sea is around 5km away, while the nearest golf course is approximately 11km from the site. Faro Airport is roughly 14km distant, supporting access for overseas purchasers and visitors. Almancil’s town amenities provide useful everyday services close to the development. The villas could be positioned for individual resale, a mixed sales and rental strategy or a longer-term investment portfolio. Rental potential may benefit from the area’s beaches, golf facilities and resort appeal, although actual ROI will depend on costs, pricing, management and regulation. Buyers should complete planning, legal, technical and financial due diligence before committing to the purchase. Contact us to discuss why these Almancil plots may suit your development strategy and arrange a site visit.
• 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)