- 7,000 sqft Lot Size
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Almancil, Poço Novo Almancil Centro, Loulé, Almancil, Faro, Portugal
Property Features
- Original Price: 2,650,000
- Original Currency: EUR
Property Description
Rustic Land with Urban Development Potential | New Well | Almancil | Loulé 7,000 m² | Preliminary Study for 9 Luxury Villa Plots
Located in the peaceful outskirts of Almancil, this approximately 7,000 m² rustic plot is situated within an urban zone, offering a unique investment opportunity in one of the most sought-after areas of the Loulé municipality, just minutes from Quinta do Lago and Vale do Lobo.
The plot benefits from natural resources, including a new well, and enjoys excellent sun exposure. The land features native vegetation and naturally shaded areas, making it ideal for creating a private and exclusive atmosphere.
Feasibility & Development Potential
A preliminary meeting with the Loulé Town Hall resulted in positive feedback regarding urban development feasibility.
An initial study indicates the possibility of subdividing the land into 9 individual villa plots, to be integrated into a gated community with private pools.
Estimated gross construction area: 2,200 m²
Preliminary profitability study points to a potential return of over 50%
Architectural Concept
The proposed development includes villas with:
Private rooftop terraces, ideal for enjoying the Algarve’s sunny climate
Traditional architectural elements, such as interior vaulted ceilings and organic lines
Generous private outdoor areas, designed for privacy and natural integration
Informal parking spaces, shaded by mature vegetation
Highlights
Easy access to main roads (EN125, A22)
Located in an area of growing value
High potential for the mid- to high-end residential market
Harmonious landscape integration, ideal for a boutique resort or private gated community
This is a rare development opportunity in a privileged location, offering the perfect balance between rural tranquility and urban accessibility — ideal for those seeking to invest in a project with architectural identity and strong appreciation potential.
Located in the peaceful outskirts of Almancil, this approximately 7,000 m² rustic plot is situated within an urban zone, offering a unique investment opportunity in one of the most sought-after areas of the Loulé municipality, just minutes from Quinta do Lago and Vale do Lobo.
The plot benefits from natural resources, including a new well, and enjoys excellent sun exposure. The land features native vegetation and naturally shaded areas, making it ideal for creating a private and exclusive atmosphere.
Feasibility & Development Potential
A preliminary meeting with the Loulé Town Hall resulted in positive feedback regarding urban development feasibility.
An initial study indicates the possibility of subdividing the land into 9 individual villa plots, to be integrated into a gated community with private pools.
Estimated gross construction area: 2,200 m²
Preliminary profitability study points to a potential return of over 50%
Architectural Concept
The proposed development includes villas with:
Private rooftop terraces, ideal for enjoying the Algarve’s sunny climate
Traditional architectural elements, such as interior vaulted ceilings and organic lines
Generous private outdoor areas, designed for privacy and natural integration
Informal parking spaces, shaded by mature vegetation
Highlights
Easy access to main roads (EN125, A22)
Located in an area of growing value
High potential for the mid- to high-end residential market
Harmonious landscape integration, ideal for a boutique resort or private gated community
This is a rare development opportunity in a privileged location, offering the perfect balance between rural tranquility and urban accessibility — ideal for those seeking to invest in a project with architectural identity and strong appreciation potential.
#ref:CB03-1166
Property Highlights
- Total Rooms: 0
The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.
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