Investors may wish to buy this Almancil land because it combines approximately 6,467 m² of plots with an approved project for 15 semi-detached villas. The opportunity is priced at €4,000,000 and is located approximately 5 km from Quinta do Lago. The price includes the land and approved project, although construction costs are excluded. Each proposed villa includes a private pool, creating a feature that may appeal to Algarve resale and holiday-rental markets. The planned accommodation extends across a ground floor, first floor, rooftop and basement. Total proposed construction area is approximately 3,233.50 m². This provides a clear basis for developers assessing a multi-unit residential scheme. Mains water and drainage are available at the plots. Easy access adds practical value for construction and future occupation. An existing ruin is also part of the land. The nearest beach is around 8 km away. The sea is approximately 5 km from the site. Golf facilities are available at roughly 11 km. Faro Airport is approximately 14 km away. Almancil’s nearby town amenities can support the everyday needs of future residents and guests. The location may offer potential for villa sales, private investment or managed holiday accommodation, subject to the completed development and applicable regulations. A 15-unit scheme also gives investors the possibility of considering phased sales or a broader portfolio strategy. Expected ROI, rental income, build costs and delivery times must be confirmed through independent professional analysis. Contact us today to review this Golden Triangle investment opportunity and arrange a viewing.
• 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)