This Boliqueime development plot is for sale in the Algarve for €3,500,000 and has an approved project for 15 houses. It offers investors a 7,598 m² site with an existing ruin, distant sea views and a proposed gated condominium. The location near Boliqueime creates an opportunity to develop a sizeable residential community close to the Algarve coast. The approved layout comprises four T4 houses with offices and eleven T3 houses with offices. Every planned villa is designed with a basement, private swimming pool and rooftop space. A communal pool is planned for the wider condominium, adding a shared leisure amenity. Residents are also expected to benefit from an administration and meeting room. The scheme includes a playground, which may strengthen its appeal to families and longer-term residents. Mains water and drainage are available at the site. Easy access makes the plot practical for construction logistics and future residents. Its elevated position provides countryside outlooks and sea views from a distance. Boliqueime town is approximately 1 km away, allowing convenient access to shops, services and local amenities. The coast is about 5 km away, and the nearest beach is approximately 10 km from the development. Golf courses can be found within roughly 10 km, supporting the area’s leisure and tourism appeal. Faro Airport is approximately 27 km away for international owners, visitors and potential rental guests. The nearest school is around 4 km away, adding everyday convenience for family purchasers. The development could be evaluated for phased sales, private ownership or rental use, depending on the investor’s strategy and approvals. Potential ROI will depend on construction costs, sales values, rental demand, financing and final specifications, so professional feasibility advice is recommended. Buyers should review the approved plans, legal documentation and planning conditions before committing to the purchase. Contact us to explore this Algarve investment opportunity and arrange further information.
• 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)
