This 7,598m² plot in Boliqueime is Algarve investment land for sale with an approved project for a 15-house condominium. It is priced at €3,500,000 and includes an existing ruin, mains services and distant sea views. The opportunity may suit buyers looking for a substantial residential development in a well-connected Algarve location. The approved plan proposes a secure gated condominium. Four of the planned homes are T4 properties with an office. The remaining eleven homes are T3 properties with an office. All 15 villas are designed with basements, individual swimming pools and rooftop spaces. A communal pool is also planned for shared resident use. The scheme includes a room for administration and meetings. A playground is proposed as part of the communal facilities. The plot occupies a highly elevated position near the centre of Boliqueime. Its setting provides views over the countryside and towards the sea in the distance. Boliqueime’s local amenities are approximately 1km away. The property is around 5km from the sea and 10km from the nearest beach. Golf facilities are available approximately 10km away. Faro Airport is about 27km from the site, supporting access for overseas purchasers and visitors. The nearest school is approximately 4km away. A 15-unit project can offer flexibility, allowing a developer to consider phased sales, retained units or long-term rental use, subject to planning, finance and market conditions. The approved residential framework may provide a clearer basis for feasibility studies than undeveloped land without a defined scheme. Potential returns will depend on build costs, sales values, financing, taxes, management and final approvals. Contact us today to explore the documents and assess this Algarve development investment.
• 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)
