Investment land for sale in Boliqueime with an approved gated condominium project is available for €3,500,000. The 7,598m² residential site is planned for 15 houses with private outdoor amenities. This opportunity suits buyers seeking a substantial Algarve development close to town and the coast. The scheme comprises four T4 homes with offices and eleven T3 homes with offices. Each planned villa includes a basement, an individual swimming pool and a rooftop area. A communal pool is also proposed for use within the gated condominium. The development will include its own administration and meeting room. A playground is planned to add family appeal. Mains water and drainage are available at the plot. The property also contains an existing ruin. Its elevated position creates countryside views with distant views towards the sea. Boliqueime centre is only about 1km away. Local shops, services and amenities are therefore within convenient reach. The sea is approximately 5km from the site. Beaches and the nearest golf course are both around 10km away. Faro Airport can be reached at a distance of approximately 27km. The nearest school is about 4km away. Easy access improves the practicality of the site for construction and future occupation. The approved layout may offer scope for phased sales, long-term rentals or a private residential community, subject to feasibility and market research. Buyers should obtain independent advice on planning, construction costs, taxation and projected returns before committing. Contact us to review the project documentation and discuss this Boliqueime investment 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)