The Boliqueime plot with planning approval for 15 houses is offered for €3,500,000. This price is for a 7,598m² development site with an existing ruin and an approved gated condominium project. Buyers looking to acquire a substantial Algarve development opportunity can investigate the scheme in detail with the selling agent. The planned condominium includes four four-bedroom villas with an office. It also provides eleven three-bedroom villas with an office. Each villa is planned to include a basement, an individual pool and a rooftop. Residents are expected to benefit from a communal swimming pool within the gated development. A dedicated administration and meeting room is included in the project. The plans also provide for a playground, supporting a community-focused layout. Mains water and drainage are available at the plot. Easy access makes the site practical for construction logistics and future residents. The elevated location is close to central Boliqueime and offers countryside outlooks. Distant sea views add further appeal to the planned homes. The nearest town is Boliqueime, approximately 1km away. The coast is about 5km from the property, and beaches are around 10km away. The nearest golf course is also approximately 10km distant. Faro Airport can be reached in roughly 27km, subject to the chosen route. A school is located approximately 4km from the site. With 15 planned homes, the project could support a diversified sales strategy or a managed rental portfolio, subject to market research and final development costs. The approved residential concept gives investors a defined framework for assessing construction, sales and rental potential. Contact us to request the project documentation and arrange a professional discussion about the €3,500,000 investment.
• 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.
• 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)