New Residential Development Under Construction In The Heart Of The Golden Triangle
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New Residential Development Under Construction In The Heart Of The Golden Triangle

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€ 340,000 £ 282,134 $ 354,670

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Key information

Reference: PP173091

Apartment

Almancil, Central Algarve

2 Bedrooms

2 Bathrooms

Ownership Status: Company

Built in: 2024

83m2 Build size

€ 4,096 £ 3,398 $ 4,272 / m2 build

89m2 Plot size

€ 3,820 £ 3,169 $ 3,984 / m2 plot

This beautiful private condominium under construction is located in Almancil, in the Golden Triangle area within Central Algarve, just a 15-minute drive from Faro airport and the Mar Shopping centre.

Despite being a small parish and town, Almancil is very well-known due to its proximity to two very exclusive resorts: Quinta do Lago and Vale do Lobo, which are internationally renowned golf and beach resorts as well as global property hotspots.

As a result of this proximity, Almancil has attracted a growing interest of residents and non-residents who wish to acquire properties, at a more reasonable price, live in a traditional Portuguese town but still enjoy the outstanding lifestyle offered by the resorts.

The development is right in the centre of Almancil, in a peaceful residential area, yet within walking distance to communal green gardens, a range of coffee shops, restaurants, retail, leisure, business, health and educational facilities.

Many Lawyers, Architects, Property Management companies, Real Estate Agents, and Financial and Insurance Brokerage firms operating in Quinta do Lago and Vale do Lobo have their headquarters in this area.

Various private medical clinics as well as the local public health centre can be reached in 5 minutes or by foot. Other public facilities are also available in the surrounding area: a brand-new Police station, a library, a soon-to-open mega sports pavilion, the renowned Apolónia supermarket, and the NOBEL International School – Almancil campus.

The development will comprise 2 apartment blocks (meaning 2 condominia) attached to one another, comprising 16 apartments in total with an underground garage and an inviting decorated communal rooftop terrace.

There are 2 and 3-bed apartment options to choose from.

The 2-Bed apartments start at 324,000 €. 

Expected completion: Q1 2024

Please contact us for more details.

Features

  • Air conditioning
  • Heating
  • Garage
  • Parking
  • Underground Parking
  • Terrace/Balcony
  • Covered dining area
  • New development
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near a golf course
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP173091

Apartment

Almancil, Central Algarve

2 Bedrooms

2 Bathrooms

Ownership Status: Company

Built in: 2024

83m2 Build size

€ 4,096 £ 3,398 $ 4,272 / m2 build

89m2 Plot size

€ 3,820 £ 3,169 $ 3,984 / m2 plot

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Almancil, Central Algarve

 Almancil,  Central Algarve

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.

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 Almancil,  Central Algarve

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Yours sincerely,
Michael Vincent

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