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Property description
We present this excellent 4,442 m² plot, located in a strategic area of the Algarve - ideal for those looking to invest in a project with great potential.For Sale | Plot with Approved Project | 450 m² Gross Construction Area + Basement | 4,442 m² LandWe present this excellent 4,442 m² plot, located in a strategic area of the Algarve - ideal for those looking to invest in a project with great potential. Situated in an easily accessible and growing area, this land offers a rare combination of space, functionality, and a prime location.With an approved project, the property allows for the construction of a three-storey building with the following layout:Ground floor with 300 m² allocated for commercial use - ideal for a shop, offices or services benefiting from the location and visibility;Basement with 546.76 m², elevated and with natural light, offering ample parking space.First floor with three one-bedroom apartments, totalling 150 m² - perfect for permanent living, holiday rentals or long-term leasing.This plot represents a unique opportunity to develop a versatile project, combining commercial and residential components in one of the most sought-after regions of Portugal.Whether for investment, income, or personal development, this is a proposal with excellent profitability and strong appreciation potential.Don't miss this opportunity. Contact us for more information or to schedule a site visit.Location:Almancil, near Vale do Lobo and Quinta do Lago - municipality of Loulé.Almancil is just a 15-minute drive from Faro Airport and is renowned for its proximity to two of the Algarve's most exclusive resorts. Vale do Lobo and Quinta do Lago are only 10 km from the town of Almancil and are well-established developments offering luxury accommodation, fine dining, and - above all - a paradise for golf enthusiasts.Only 15 minutes from Faro Airport, 2 hours from Lisbon, and 1 hour from the Alentejo coast beaches.