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

Plot in Boliqueime

ref. VM2380
3.500.000€
  • NA
  • 7.598m2

The cost of this exceptional residential plot with an approved project for 15 houses in the Algarve is €3,500,000. Situated in Boliqueime, this extensive 7598m² plot is not only a strategic investment property but also benefits from sea views that enhance its desirability. Approved plans detail the future development of a gated condominium with a blend of T3 and T4 plus office houses, ensuring market appeal. Additionally, mains water and drainage are readily available on-site, facilitating a smoother construction process. With the area's proximity to beaches (just 10km away) and local amenities (1km), buyers are guaranteed constant demand in a vibrant community. Investing in this property translates to significant rental potential given its attractive location. Don’t miss the chance to secure this remarkable opportunity. Explore it today before it’s gone!

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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