Almancil is a resort on the southern shoreline of Portugal enjoying a warm climate around the year. It has become an important hub for service providers catering for the needs of two well-established holiday and residential developments nearby. These are Quinta Do Lago and Vale Do Lobo. The area's many resorts and housing developments are known to have a significant appeal to people from England. There is a large selection of restaurants offering different forms of cuisine. There are also real estate offices, interior decorators and furnishing shops based in Almancil.
With average land prices of €5000 per square meter, Quinta Do Lago is part of the Portuguese region with the highest property prices. This region also includes Almancil and Vale Do Lobo. This has been determined in a study made by two consulting groups in 2007.