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What is the cost of developing a gated condominium with sea views in Algarve?

Plot in Boliqueime

ref. VM2380
3.500.000€
  • NA
  • 7.598m2

The cost for developing this gated condominium with sea views in Algarve is set at €3,500,000. This price encompasses an approved project for constructing 15 houses in Boliqueime, a region renowned for its breathtaking views and excellent climate. Buyers can expect significant investment potential due to the appealing location, just 5km from the sea and 10km from pristine beaches.

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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