The potential return on investment for developing villas in the Algarve is substantial, especially with a project like this in Almancil. Priced at €3,500,000, these two plots include an approved project for 15 semi-detached villas, each with a pool, ensuring appealing options for future buyers or renters. Located near the Algarve's Golden Triangle, this area boasts high demand from both local and expatriate communities, further increasing your investment's appeal.
The strategic location, just 8 km from beautiful beaches and 11 km from prominent golf courses, makes these villas attractive to tourists and residents. This combined with the increasing popularity of the Algarve as a holiday destination highlights the potential for excellent rental yields.
Moreover, with the property already connected to mains water and drainage, the development process is made easier and quicker, allowing investors to start seeing returns sooner. The average rental rates in this region continue to grow, and properties near high-demand locations always retain their value.
Those who invest in these plots will not only benefit from long-term capital gains but also from a lucrative rental market, especially during peak tourist seasons. Don’t miss this chance to explore a high-potential investment in a thriving market—contact us today to discuss further!
• 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)
