Investors considering a villa development project 8km from the beach should examine this Almancil opportunity, which includes two plots and an approved project for 15 pool villas. The asking price is €4,000,000, with construction costs excluded from the sale. Its central Algarve position combines access to coastal attractions, golf and the Algarve Golden Triangle. The land measures approximately 6,467m² in total. The proposed development comprises 15 semi-detached houses. Each villa is planned with a ground floor, first floor, rooftop, basement and private pool. The total construction area is approximately 3,233.50m². Mains water and drainage are available on the plots. Easy access supports the practical requirements of a future residential development. An existing ruin is included as part of the site characteristics. The nearest beach is approximately 8km away. The sea is listed at about 5km from the property. Golf courses are within approximately 11km. Quinta do Lago is around 5km away. Faro Airport is approximately 14km from the site. These distances may help attract international purchasers, seasonal visitors and tenants seeking an Algarve base. Developers could investigate individual villa sales, a private community model or a rental-focused investment strategy. The project’s scale provides an opportunity to spread acquisition and development planning across multiple residential units. Potential ROI will depend on final design, construction expenditure, financing, sales pricing, rental demand and all applicable permissions. Buyers should carry out independent legal, planning, technical and financial due diligence before committing. Contact us now to discuss the project, request the supporting documents and arrange a viewing of the land.
• 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)
