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How can I invest in a 7,598m² Boliqueime site approved for a 15-home gated condominium?

Plot in Boliqueime

ref. VM2380
36.598.594NOK
  • NA
  • 7.598m2

You can invest in this 7,598m² Boliqueime site, approved for a 15-home gated condominium, with an asking price of €3,500,000. The residential development land is located in an elevated position close to Boliqueime and offers countryside views with distant sea views. The approved plan provides for four T4 villas with offices and eleven T3 villas with offices. All fifteen proposed homes are designed with basements, individual pools and rooftop areas. A communal swimming pool forms part of the gated condominium facilities. The project also includes an administration and meeting room. A playground is planned to support a community-oriented environment. The site has mains water and drainage. An existing ruin is included within the property. Easy access makes the plot practical for a large residential development. Boliqueime town centre is approximately 1km away. The nearest school is around 4km from the site. The sea is approximately 5km away. Nearby beaches are around 10km distant. Golf facilities can be reached in roughly 10km. Faro Airport is approximately 27km away. The location combines access to Algarve amenities with a quieter elevated setting. The planned mix of three- and four-bedroom villas may provide flexibility for sales, long-term occupation or holiday rental strategies. Any investment return will depend on planning compliance, build quality, construction expenditure, sales prices, rental demand and wider market conditions. Investors should review the approved project and obtain professional legal, planning and financial advice before proceeding. Contact us to discuss the acquisition process and arrange a viewing of this Boliqueime development site.

Usage
Residential
Type
Plot
Town
Boliqueime
Parish
Boliqueime
Municipality
Loulé, Faro
Region
Algarve (Central)
Usable area
3.032 m²
Plot Area
7.598 m²
Sea View, Panoramic View
• Plot Size 7598m²
• 15 House Condominium Project
• Mains Water and Drainage
• Close to Town and Amenities
• Easy Access
• Sea Views from the distance

This plot is located in a highly elevated position very close to the centre of Boliqueime, offering fantastic views across the countryside and sea views.

The approved project consists of a condominium with 15 houses. There will be four T4 plus office and eleven T3 plus office. All the villas will have a basement, individual pool and rooftop.

The condominium will also have its own room for administration and meetings as well as a playground.

Amenities

• Mains water & drainage
• Easy access
• Existing ruin

Location

• Distance to Sea – 5km
• Distance to Beach – 10km
• Distance to Nearest Golf – 10km
• Distance from Airport – 27km
• Distance to Nearest School – 4km
• Distance to Nearest Town – 1km (Boliqueime)
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