You can buy this 7,598m² residential development plot with an approved project for 15 houses in Boliqueime, Algarve, for €3,500,000. The site includes an existing ruin, mains water and drainage, easy access, and distant sea views. It offers a ready-planned opportunity for buyers seeking a substantial Algarve property development. The approved scheme is designed as a gated condominium. Plans provide for four T4 villas with offices and eleven T3 villas with offices. Each home is planned with a basement, an individual swimming pool, and a rooftop area. The condominium is also intended to include a communal swimming pool. Shared facilities include an administration and meeting room for residents and management. A playground is planned for the private residential community. The elevated position creates attractive views across the surrounding countryside. Distant sea views add further appeal to the development setting. Boliqueime town centre is approximately 1km away. Local shops, services, and everyday amenities are therefore within convenient reach. The sea is around 5km from the plot, while the nearest beach is approximately 10km away. Golf facilities are also about 10km away, supporting a strong leisure and holiday lifestyle proposition. Faro Airport is approximately 27km away for international travel. The nearest school is around 4km from the site. Developers may explore sales, long-term rental, or holiday accommodation strategies, subject to final approvals, market research, and operating requirements. Buyers should assess construction costs, projected rental income, and potential ROI independently before proceeding. Contact us now to discuss the approved project and arrange a viewing in Boliqueime.
• 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)
