This sea-view development plot with planning approval in the Algarve is offered for €3,500,000. Located near Boliqueime, it includes 7,598m² of land, an existing ruin and an approved 15-house condominium project. The site suits buyers looking for a large, consented residential investment rather than an unplanned parcel of land. The approved design comprises four T4 homes with offices and eleven T3 homes with offices. Planned features include basements, private pools and rooftops for all villas. The gated condominium is also designed with a communal swimming pool. A proposed administration and meeting room could support professional management of the development. A playground adds an extra family-friendly element to the shared facilities. The elevated position provides attractive countryside outlooks with sea views in the distance. Mains water and drainage are already noted as available. Its position close to Boliqueime provides access to shops, services and everyday amenities. The town centre is only about 1km away. The nearest school is approximately 4km from the site. The coastline is around 5km away, with beaches approximately 10km distant. Golf is available at roughly 10km, appealing to holiday-home and lifestyle buyers. Faro Airport is within approximately 27km, helping international owners and guests reach the development. The approved layout may provide scope for phased construction, subject to confirmation from the relevant authorities. Future returns could come from villa sales, long-term rentals or holiday accommodation, although buyers should obtain independent financial and planning advice. Contact us to discuss the price, documentation and next steps for this Algarve investment property.
• 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)
