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What are the investment opportunities for a plot with communal facilities in Algarve?

Plot in Boliqueime

ref. VM2380
3.500.000€
  • NA
  • 7.598m2

Investment opportunities for a plot with communal facilities in the Algarve include a unique listing priced at £3,500,000. This 7598 m² plot comes with an approved project for a gated condominium featuring 15 residential homes, which will have access to communal amenities such as a swimming pool and management facilities. Situated in Boliqueime, the site not only boasts sea views but also proximity to essential services and recreational areas, enhancing its appeal as a lucrative investment for future developments catering to families and vacationers alike.

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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