house for sale Almancil, Loulé

4,000m2 Building Plot with Project Potential for Sale in Olhao, AlgarveLocated in the tranquil area of Charneca near Olhao, this 4,080m2 plot offers a rare opportunity to build a custom villa in one of the Algarve's most authentic and vibrant coastal towns. With preapproval for a construction project of up to 265m2 across two floors plus a basement, this site is ideal for those looking to create a bespoke family home or investment property.Key Features:*Generous 4,080m2 plot in a peaceful countryside setting*Preapproved construction area of 265m2*Potential for a 34 bedroom villa with lounge, dining, and kitchen areas*Basement level suitable for a games room, cinema, gym, or 5th bedroom suite*ideal for a permanent residence or holiday home project*Panoramic country views with easy access to the town of OlhaoWhether you envision a modern retreat or a traditionalstyle Algarve residence, this plot offers the flexibility and space to bring your plans to life. The location provides a quiet and private environment while still being close to local amenities and the coast.Location Highlights:Olhao, officially Olhao da Restauracao, is a vibrant coastal city in the Algarve, known for its rich maritime heritage, bustling fish markets, and access to the idyllic islands of the Ria Formosa Natural Park. With a growing expat community and yearround activity, it's a soughtafter destination for both living and investing. The town offers a mix of traditional charm and modern infrastructure, with Faro international Airport just 20 minutes away.Why This Property Stands Out:*Rare building plot with preapproval in a desirable area*Excellent opportunity for a custombuilt home or holiday rental*Close to Olhao, Faro, and Ria Formosa islands*Scope for spacious indoor and outdoor living with stunning viewsThis property is a perfect blank canvas with huge potential — ideal for those looking to create their dream Algarve escape in a peaceful, yet accessible location.Looking for more Algarve properties in Olhao?View all properties for sale in Olhao, Algarve About Olhao, AlgarveOlhao is a charismatic fishing town located east of Faro, celebrated for its preserved Moorishstyle architecture and rich cultural identity. As the gateway to the Ria Formosa Natural Park and its island paradises like Armona and Culatra, it's a haven for nature lovers, foodies, and investors alike.The town features a charming old quarter, a lively harbour, famous seafood markets, and modern amenities including schools, shopping, and transport links. it's increasingly popular for those seeking authenticity along the Algarve coast, combining real Portuguese character with tourism potential. Useful Links:Learn more about Olhao on WikipediaExplore all properties for sale in Olhao Local Highlights:* Access to the Ria Formosa islands and beaches by ferry* 20 minutes from Faro Airport* Renowned fish markets and seafood cuisine* Charming old town and riverside promenade* Traditional yet emerging as a property hotspotFeatures* Country View