A development opportunity with distant sea views, easy access and proximity to beaches and golf is available near Boliqueime for €3,500,000. The 7,598m² plot includes an existing ruin and an approved project for a 15-house gated condominium. This makes it suitable for buyers seeking a sizeable residential investment in a well-connected part of the Algarve. The approved accommodation comprises four T4 villas with offices and eleven T3 villas with offices. The planned villas will each have a basement, an individual swimming pool and a rooftop. Residents are also expected to share access to a communal pool. A proposed playground and administration and meeting room add useful communal facilities. Elevated land provides views across the countryside and distant views towards the sea. Mains water and drainage are listed for the property. The site offers easy access for future residents and development activity. Boliqueime’s centre is approximately 1km away for everyday shopping and services. The nearest school is around 4km from the plot. The sea is about 5km away. Beaches are approximately 10km distant, making coastal leisure readily accessible by car. Golf is also around 10km away, supporting the appeal of the homes to lifestyle purchasers and visitors. Faro Airport is roughly 27km away for convenient connections to international destinations. The proposed mix of private pools and shared amenities could support sales, long-term rentals or holiday accommodation, subject to applicable regulations. No specific ROI is guaranteed, so professional advice should be obtained on costs, approvals, demand and tax before purchase. Contact us today to arrange a viewing and learn more about this Boliqueime development site.
• 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)
