The cost for this prime plot in the Algarve, equipped with planning permission for 15 houses, is set at €3,500,000. Situated in Boliqueime, this 7598m² piece of land boasts breathtaking views, ideal for developing a gated condominium inclusive of communal amenities such as a pool and playground. This investment presents a unique opportunity for serious buyers looking to capitalise on the increasing housing demand in the Algarve region. The approved project details four T4 plus office and eleven T3 plus office units which ensure a varied offering for future residents. Not only does the location provide sea views but it is also conveniently close to Boliqueime town and key amenities, enhancing its marketability. With a strategic distance of just 5km to the coast and 10km to local beaches, investors can expect robust rental potential. As residential developments in this area consistently yield positive returns on investment, this plot stands as a remarkable opportunity for savvy entrepreneurs. Reach out today for more information on this lucrative venture!
• 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)
