€1,000,000

Almancil Algarve

Overview

SUMMARY: Discover an opportunity with this Almancil land for sale and available for €1,000,000. This could be your next ideal home or a smart investment. More details await.

Urban plot in Almancil with a very generous size and with the possibility of allotment for the construction

of houses. With 4,835 m² of land and an existing villa of 234 m2, along with 2 annexes, there is a lot of potential to be explored. This lot offers enough space for several development options, inserted in Scattered Building Areas to Structure. The property already has a villa with 234 m2, which can be renovated and used as a main or secondary residence.
The 2 attachments also offer additional flexibility of use. Possibility of Townhouse Construction opens the door to real estate investment projects, whether for sale or long-term rental. In the subdivision there is the possibility of dividing the land into smaller parcels is a viable option, which would allow the construction of several independent houses. The strategic location, close to Faro and renowned beaches, makes this property suitable for local accommodation or rural tourism, potentially generating significant income. The existing villa offers 5 compartments and an outbuilding, which can be adapted to meet specific needs. The patio and natural surroundings provide a relaxing and peaceful environment, creating an attractive setting for potential buyers. Located just a few meters from the national 125 and the A22 provides easy access to Faro, as well as the beaches of Quinta do Lago, Vale Garrão and Vale Ancão, which are just 10 minutes away. This property offers a diverse range of investment opportunities, including the maintenance of existing housing, the development of townhouses, the subdivision to multiple properties, or the exploration of local accommodation or rural tourism businesses. Distances: Faro Airport: 11 km Golf: 6 km Beaches: 5 km Shopping Area: 3 km Medical clinic: 4 km Pharmacies: 3 km VAP102857

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Details

  • Beds: 0
  • Baths: 0
  • Price: €1,000,000
  • Internal Reference No.: VAP102857
  • Area: 117 m2

Amenities

  • Home: Energy Certificate: free

Location

Marketed by:

  • VAP Real Estate
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  • (+351) 289 316 394
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