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What is the cost of a gated condominium project for 15 houses in Algarve?

Plot in Boliqueime

ref. VM2380
3.500.000€
  • NA
  • 7.598m2

The cost of the gated condominium project for 15 houses in Algarve is set at €3,500,000. This exciting opportunity encompasses a generous plot size of 7,598 square metres, making it a lucrative investment for buyers looking to enter the thriving Algarve real estate market. The approved project includes a unique combination of four T4 and eleven T3 homes, each designed with modern living in mind.

All homes will feature individual pools, basements for extra storage, and rooftop terraces to enjoy the spectacular views of the surrounding landscape and the distant sea. The condominium will also provide shared amenities, including dedicated administrative rooms and a playground for families. Being just 1km from Boliqueime, this residential area offers both tranquillity and the convenience of local shops, schools, and services.

For a competitive investment in Algarve, this project stands out not only for its potential rental income but also for its appeal to families seeking quality living in a desirable region. Given the distance of only 5km to the sea and 10km from the nearest beach, it's perfect for both permanent residents and tourists alike. This project caters to buyers who value community living without sacrificing comfort. Take action now; contact us to learn more about this exciting investment opportunity!

Usage
Residential
Type
Plot
Town
Boliqueime
Parish
Boliqueime
Municipality
Loulé, Faro
Region
Algarve (Central)
Usable area
3.032 m²
Plot Area
7.598 m²
Sea View, Panoramic View
• 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.

Amenities

• Mains water & drainage
• Easy access
• Existing ruin

Location

• 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)
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