Building a gated community of 15 houses in the Algarve can be a lucrative venture, and this plot in Boliqueime provides a fantastic opportunity at the cost of €3,500,000. This spacious 7598m² plot includes approved plans for four T4 and eleven T3 homes, each equipped with a basement, individual pools, and rooftop terraces. The project is designed to create a harmonious living environment with communal facilities, including a playground for families and administrative rooms. Positioned just 5km from the beautiful coastline, this location attracts both investors and future residents alike. The plot's proximity to Boliqueime's town centre ensures easy access to essential amenities and services, enriching the living experience. Considering the current market dynamics in Algarve, this investment not only offers potential high rental yields but also promises an attractive ROI for owners. By establishing a gated community, you enhance the residential appeal, ensuring security and exclusivity. For serious buyers looking to tap into the booming Algarve real estate market, this opportunity should not be overlooked. Contact us for a detailed breakdown of costs and to start your project!
• 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)
