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What is the cost of a plot approved for 15 houses in the Algarve?

Plot in Boliqueime

ref. VM2380
3.500.000€
  • NA
  • 7.598m2

The cost of the plot approved for 15 houses in the Algarve is €3,500,000, presenting an extraordinary opportunity for a lucrative development project in Boliqueime. Spread over 7,598 m², this land comes with an already green-lit plan for creating a gated condominium that will feature a combination of T3 and T4 houses, each designed to cater to modern living standards.

Situated just 1km from Boliqueime and within easy reach of beaches and key amenities, this plot is ideal for developers looking to create high-demand residences with stunning sea views. This location not only boasts natural beauty but also essential services nearby, making it a prime area for residential development.

The proposed project includes individual pools for each villa, as well as communal areas, ensuring a desirable lifestyle for future residents. Additionally, with existing infrastructure including mains water and drainage, you can start your project without any delays. Rich in potential, this plot allows for solid investment returns due to the area's growing popularity among homebuyers and investors alike. Don't miss out on this exceptional opportunity; contact us today for more information!

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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