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Algarve, Almancil, Portugal

£3,458,000
€4,000,000
Doublegleeful Unipessoal Lda, Almancil
PROPERTY TYPE

Land

SIZE

69,610 sq ft

6,467 sq m

Key features

  • Total area: 6467 sqm
  • Condition: Project
  • Construction year: 0

Description

Looking for a strategic real estate investment? We present two plots of land, sold together, with a generous total area of 6,467 m² and a construction capacity of 3,233.50 m². Situated in a highly valued, tranquil area just a few minutes north of the prestigious Quinta do Lago.

An architectural project already approved by the Loulé City Council for the development of a condominium consisting of 15 semi-detached houses. Each residence will offer a contemporary design distributed over the ground floor, 1st floor, rooftop, and basement, in addition to having a private pool. The total residential area for the 15 houses is 3,233.50 m², including the basement.

The land borders a public road and already has access to the public water and sewage network.

This is an unmissable opportunity for investors and real estate developers looking for a project with high return potential. Contact us today for more information and to schedule a site visit.

This land with an approved project for an exclusive development of 15 houses is located in one of the most promising areas of Almancil – Poço Novo. Set in a tranquil residential context, it benefits from quick and direct access to the center of Almancil, as well as to the prestigious areas of Quinta do Lago and Vale do Lobo.

Just minutes away, future residents will have access to award-winning beaches, internationally renowned golf courses, an excellent gastronomic offering, international schools, and a wide variety of quality services.

The proximity to these prestigious locations, combined with the growing demand for housing in the heart of the Golden Triangle, makes this project a rare and highly attractive investment opportunity.

A privileged location, a quality residential concept, and a constantly appreciating market – the right elements for a solid and forward-looking investment.


REF: W-02MKY8

Algarve, Almancil, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    6.5 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Doublegleeful Unipessoal Lda, Almancil

Avenida 5 de Outubro, 278 Loulé 8135-103 Portugal

ENGEL & VÖLKERS with more than 40 years of experience is one of the most successful real estate agencies in the world. Offering access to an exclusive network of national and international customers through its strong presence around the world, we are present on 5 continents in more than 30 countries, with more than 1000 agencies, benefiting both sellers and buyers.

We are a real estate agency specialized in the most secure, exclusive and sought after location in the Algarve-The Golden Triangle: Quinta do Lago, Vale do Lobo, Vale do Garrão, Almancil and Loulé. Here you will find luxury properties and internationally renowned golf courses set in the heart of the Ria Formosa Natural Reserve, offering you an exclusive lifestyle, incomparable life experience and a safe and profitable investment.

Visit us in our shop ENGEL & VÖLKERS-Quinta do Lago and enjoy a completely personalized service of excellence.

We have a professional and dedicated team waiting for you, available to advise you when you decide to buy or sell your property.

Notes

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This is a property advertisement provided and maintained by Doublegleeful Unipessoal Lda, Almancil (reference 235616_W-02MKY8) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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