This development plot with approved plans for 15 Algarve villas costs €3,500,000. The 7,598m² site in Boliqueime provides an approved residential condominium concept with strong development potential. It is suited to investors and developers looking to buy a large project in a well-connected Algarve location. The planned homes comprise four T4 villas with offices and eleven T3 villas with offices. Every villa is designed to include a basement, an individual pool, and a rooftop area. A communal swimming pool is also planned for the gated condominium. The scheme includes an administration and meeting room to support organised community management. A playground adds a family-friendly element to the shared facilities. The land is positioned in an elevated setting close to the centre of Boliqueime. From the plot, residents are expected to benefit from countryside views and distant views towards the sea. Mains water and drainage are already available at the site. An existing ruin is included within the property. Easy access improves the practicality of future construction and daily use. Boliqueime town is only 1km away, offering access to local amenities and services. The coastline is approximately 5km away, and the nearest beach is around 10km from the plot. Golf courses are about 10km away, adding appeal for visitors and potential residents. Faro Airport can be reached at a distance of approximately 27km. A completed villa project could offer several income routes, including private sales, long-term rentals, or holiday lets, subject to licensing and market conditions. A detailed feasibility study should confirm construction budgets, achievable sales values, rental demand, and potential ROI. Contact us to review the pricing, planning information, and investment potential of this Algarve development opportunity.
• 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)
