Investors may consider this two-plot Algarve villa development because it offers a 15-home project just 8km from the nearest beach. The asking price is €4,000,000 for 6,467m² of land with a planned construction area of 3,233.50m². The scheme is located in Almancil, close to the prestigious Algarve Golden Triangle. It is structured around 15 semi-detached villas, each planned with a private pool. Proposed layouts include a ground floor, first floor, rooftop, basement and pool. The purchase price includes the plots and approved project, but excludes the construction works. Mains water and drainage are already available. Easy access and proximity to town amenities can improve the practicality of development. The sea is approximately 5km away, offering further appeal for future residents and guests. Golf facilities are around 11km from the site. Quinta do Lago is approximately 5km away. Faro Airport can be reached in about 14km, supporting international accessibility. The central Algarve location may help position the finished homes for sales or rentals. A 15-unit scheme can provide diversification compared with acquiring a single completed villa. Investors might explore phased construction, individual resale or a professionally managed rental portfolio. Rental potential and ROI should be modelled carefully using verified construction costs and realistic local market evidence. The existing ruin, countryside views and available infrastructure add useful context to the development proposition. All planning details, permissions and technical information should be reviewed with qualified advisers before purchase. Contact us now to request further information and arrange a viewing of this investment opportunity.
• 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)