8135-024 Almancil, Portugal
For Sale
€3,000,000
Building Plot For 15 Houses In Almancil Algarve – Excellent development opportunity located in a peaceful area south of Almancil. This large plot is made up of two adjoining plots with a total area of 6,467m2. The land is flat and has access from the east and west sides of the plot. Mains water, electricity, and sewage are located on the perimeter. The property has a PIP (viability approval) issued by the Municipal Council of Loulé, in which three conditions of the greatest importance are safeguarded.
An architectural project for a condominium of 15 houses is in the design phase. The total housing area for the 15 houses is 3,233.50 m2 + basement.
Each villa will consist of:
– ground floor
– 1st floor
– rooftop terrace
– basement
– private swimming pool
Almancil is a working town and freguesia in the Loulé Municipality within the area of the affluent Algarve Golden Triangle region. Almancil is known for its three Michelin star restaurants (the most in any town in the Algarve) having a Karting fun park, the São Lourenço church known for its traditional blue and white tiles, with local supermarkets like Apolonia, Pingo Doce, Aldi, bank and pharmacies, and located 12minutes away from the shopping mall Mar Shopping & Outlet Center. Almancil is just a 20 minute drive Faro International Airport.
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