Big Plot Of Land With 1250m2 Construction Permitted
€ 850,000£ 730,166$ 1,008,469
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Almancil, Central Algarve
Ownership Status: Private
Built in: 1973
363m2 Build size
€ 2,342£ 2,011$ 2,778
/ m2 build
6,253m2 Plot size
€ 136£ 116$ 161
/ m2 plot
These is large plot of land in a very prestigious part of Golden Triangle called Vale Formoso.
These are set in a vast, calm and exclusive location of natural beauty, with nice views.
The Plot of Land is 6.253,46m2. and the construction area is permited up to 20% of the plot size.This does not include underground/basement level, car ports, pool area or terraces.
Very large impressive properties can be built on this land with plenty of space and surrounding land/gardens to give shelter from the borders of the plots and roads and still have enough land for sporting facilities for example.
The plot for sale, 6.253,46m2, fully fenced, currently has an old traditional 3 bed villa.
Although the current residence is a old classic Portuguese style villa, the potential to add value to the plot is HUGE and therefore this acquisition can be considered as a very rare development opportunity. Whether it be via extending the existing accommodation and facilities or via a brand new development of a large modern and prestigious residence.
Almancil is a small Portuguese town in the District of Loule, with a population of around 12000 people. Almancil became a village in 1836, but with the development of the area in the ´70s, due to the influx of tourists into Algarve, this little village began to grow significantly and in December 1987 its title was promoted to town.
Nowadays Almancil is a very popular area due to its proximity to the beach, airport, golf courses and the luxury resorts of Quinta de Lago and Vale do Lobo. Almancil acts like a support wing of these resorts providing a large variety of high quality restaurants, shops and other services. You will find here one of the Apolonia supermarkets, as well as the Portuguese chain Pingo Doce supermarket, you will find here Gardening centres with amazingly beautiful plants, furniture shops with all the top brands, car garages, swimming pool shops, and many others. But apart from all this, Almancil attracts visitors with its quaint coffee shops, traditional cobbled streets, local cultural and sport activities, like kizomba and Latin dance classes, a karting centre for friends and family to have fun and so much more. This town is busy all year round and is only 10 minutes away from Quarteira as well as from the Loulé town. A perfect place to enjoy yourself, but also to get your to-do list done when needed.
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