Investors can acquire this 4,618m² Algarve plot near Boliqueime for €550,000. The land includes an approved project for one individual villa or two linked villas, offering a defined route towards residential development. The scheme allows up to 450m² of gross build area across three floors. Located in Maritenda, the site combines countryside tranquillity with access to Vilamoura and the Algarve coast. A pool and terrace are part of the proposed villa concept. The homes can also be enclosed by surrounding walls to create private outdoor areas. Good road access makes the property practical for development planning and future use. Mains water and electricity are available. Countryside views and partial sea views strengthen the lifestyle appeal. Boliqueime is approximately 2 km from the land. Praia da Falésia is around 10.1 km away. The Millennium golf course is approximately 6.6 km from the site. Local schooling is available about 3.2 km away. Faro Airport is within approximately 27.4 km. The approved documentation provides useful support for buyers assessing design, construction and project costs. A developer could explore two linked homes for resale or rental, while a private purchaser may prefer one larger residence. The location may attract holiday guests seeking pools, beaches, golf and restaurants in the Algarve. Potential returns will depend on construction costs, the finished specification, licensing, rental management and market conditions. The property is therefore suited to buyers who want development flexibility rather than a completed home. Contact us to examine the approved plans and arrange a viewing before making your investment decision.
• Total Plot Area - 4618m2
• Gross Build Area - 450m2
• To nearest Beach - 10.1km
This property would have a gross construction area of up to 450m2 on 3 floors. With a pool and walls surrounding the house, it fits in with a backdrop of a beautiful country setting.
The plot is very close to all amenities and activities and beaches within 10 km.
Amenities
Good road access
Swimming pool and terrace
Countryside views
Location
• 10.1 km from the Beach ( Praia da Falesia )
• 2 km to Boliqueime
• 6.6 km to nearest golf course ( Millennium )
• 3.2 km to nearest school
• 27.4 km to Faro Airport.
