An Algarve investment property with planning for 15 villas and a communal pool is available for sale in Boliqueime for €3,500,000. The opportunity consists of a 7,598m² development plot with an existing ruin and an approved condominium project. Its elevated setting offers attractive countryside outlooks and distant sea views. The planned gated community contains four T4 homes with offices and eleven T3 homes with offices. Every proposed villa includes a basement, individual pool and rooftop. A communal pool is also part of the approved development concept. Shared facilities include an administration and meeting room for condominium management. A playground is planned to enhance the community’s family-friendly appeal. Mains water and drainage are available on the property. The site benefits from straightforward access near the centre of Boliqueime. This location places residents close to local shops, services and amenities. Boliqueime is approximately 1km away. The nearest school is around 4km from the plot. The sea is about 5km away, while beaches are approximately 10km distant. Golf is available within roughly 10km, supporting an attractive leisure lifestyle. Faro Airport is approximately 27km away for international access. The combination of approved homes, private pools and shared amenities may create potential for sales, long-term rentals or holiday accommodation, subject to legal permissions and market research. Investors should assess construction costs, phasing, operating expenses, tax implications and achievable rental income before committing. The project’s planning approval can provide a defined framework for due diligence, but it does not guarantee a particular return on investment. Contact us to review the development information and explore this Algarve 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)
