Plot With Approved Project For Two Contemporary Villas – Vale Formoso, Almancil

Excellent development opportunity in Vale Formoso, Almancil, comprising a plot of approximately 2,200 m2 with a fully approved architectural project and all speciality projects approved, allowing construction to proceed without the need to develop a new project.

The approved development has been carefully designed for the construction of two contemporary villas, combining modern architecture with generous living spaces, private outdoor areas and individual swimming pools.

The project comprises Fraction A – V4 Villa and Fraction B – V3 Villa, providing a combined above-ground gross construction area of approximately 449.75 m2, complemented by approximately 273.75 m2 of basement construction and 87 m2 of covered terraces. The two private swimming pools have a combined area of approximately 132.75 m2.

The contemporary architectural concept places a strong emphasis on indoor-outdoor living, with large glazed areas creating a natural connection to the landscaped gardens, terraces and private leisure spaces. The project also incorporates rooftop terraces and designated areas for solar panels, making the most of the Algarve climate and outdoor lifestyle.

Located in Vale Formoso, close to Almancil, the property enjoys an attractive and convenient setting within easy reach of local shops, restaurants and everyday services. The prestigious areas of Quinta do Lago and Vale do Lobo, together with some of the Algarve’s renowned beaches and golf courses, are also within easy reach.

An additional point of interest for investors is the potential associated with the forthcoming revision of the PDM. According to information provided by the owner, once the new PDM is concluded, the site is expected to benefit from a construction allowance of approximately 980 m2, potentially opening the possibility of developing an entirely new and larger project. Any future development would remain subject to confirmation of the applicable planning regulations and the necessary municipal approvals.

With the current project fully approved and ready to build, this property presents an attractive opportunity for a private buyer, developer or investor seeking to develop two high-quality contemporary villas in one of the Algarve’s most desirable locations.

Contact us for further information, project documentation or to arrange a viewing of the site.