You can buy this 7,598m² development plot and existing ruin in Boliqueime for €3,500,000. The property comes with an approved project for a gated condominium containing 15 houses. It is a compelling opportunity for buyers seeking a substantial Algarve development site close to local amenities and the coast. The approved scheme includes four T4 villas with offices and eleven T3 villas with offices. Each planned home is designed with a basement, an individual swimming pool and a rooftop. Residents are also intended to benefit from a communal pool within the condominium. A dedicated administration and meeting room is included in the proposal. The plans also provide for a children’s playground, adding practical appeal for families. Positioned on elevated land, the plot enjoys countryside views and distant sea views. Mains water and drainage are available at the site. Easy access supports construction logistics and future resident convenience. Boliqueime town centre is approximately 1km away. Local schools are around 4km from the plot. The sea is approximately 5km away, while beaches can be reached within about 10km. Golf facilities are also approximately 10km away, supporting an active Algarve lifestyle. Faro Airport is around 27km away for convenient international travel. The project offers several potential income strategies, including selling completed villas or creating a managed residential rental community. Investors should confirm current planning conditions, construction costs, taxes and projected returns with suitably qualified professionals. Contact us now to arrange further information or a viewing of this Boliqueime development opportunity.
• 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)