This investment plot for sale in the Algarve is priced at €550,000 and includes an approved project for villas with a pool. The 4,618m² residential site near Boliqueime allows for one individual villa or two linked villas with up to 450m² of gross construction. It is therefore suited to buyers looking for a development opportunity with a defined residential concept. The proposed buildings can extend across three floors. A pool and surrounding walls are included in the project description. Pool terraces can support outdoor living and strengthen the appeal of the completed homes. The rural setting offers countryside views and a peaceful atmosphere. Partial sea views provide an additional lifestyle benefit. Maritenda is close to Boliqueime, which lies approximately 2 kilometres away. The beach at Praia da Falésia is approximately 10.1 kilometres from the plot. Millennium golf course is around 6.6 kilometres away for leisure and potential holiday rental appeal. A nearby school, approximately 3.2 kilometres away, may attract families considering the area. Faro Airport is approximately 27.4 kilometres away. Restaurants, cafés, shops and other amenities are available within convenient driving distance. Good road access makes the plot practical for future construction logistics. Mains water and mains electric are recorded for the land. The option of developing one or two homes gives investors flexibility in deciding how to use the approved opportunity. A completed villa could be positioned for private use, resale or rental, subject to final permissions and local demand. Two linked villas could diversify the project by creating two separate residential assets. No guaranteed return on investment is stated, so purchasers should commission their own feasibility and rental assessments. Contact us today to request the documentation and discuss this Algarve investment plot.
• Total Plot Area - 4618m2
• Gross Build Area - 450m2
• To nearest Beach - 10.1km
This property would have a gross construction area of up to 450m2 on 3 floors. With a pool and walls surrounding the house, it fits in with a backdrop of a beautiful country setting.
The plot is very close to all amenities and activities and beaches within 10 km.
Amenities
Good road access
Swimming pool and terrace
Countryside views
Location
• 10.1 km from the Beach ( Praia da Falesia )
• 2 km to Boliqueime
• 6.6 km to nearest golf course ( Millennium )
• 3.2 km to nearest school
• 27.4 km to Faro Airport.
