The asking price is €3,500,000 for a 7,598 m² residential development plot and ruin near Boliqueime. The site has an approved project for a gated condominium of 15 houses with distant sea views. It is positioned approximately 1 km from Boliqueime town, with mains water, drainage and easy access already available. The elevated setting provides attractive views across the surrounding countryside. The approved scheme includes four T4 villas with an office and eleven T3 villas with an office. Each planned home includes a basement, an individual swimming pool and a rooftop area. The development is designed to appeal to buyers seeking an Algarve lifestyle close to the coast. A communal pool is also planned as part of the condominium concept. Shared facilities are intended to include an administration and meeting room. A playground is included for residents and families. The site benefits from an existing ruin, adding useful context to the development opportunity. Its residential classification supports a focused investment strategy rather than a speculative land purchase alone. The nearby town provides everyday amenities, local services and convenient access to essential facilities. The sea is approximately 5 km away, while the nearest beach is around 10 km from the plot. Golf facilities are also available within roughly 10 km. Faro Airport can be reached at a distance of approximately 27 km. The nearest school is around 4 km away, supporting the appeal of the planned homes for families. A developer could assess sales, long-term rental and holiday rental potential across the 15-unit scheme, subject to market research and applicable regulations. The approved project and substantial land area may help reduce some early-stage planning uncertainty, although buyers should verify all permissions and conditions independently. Contact us now for the full details, documentation and an opportunity to discuss this development plot.
• 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)
