Development land near the Algarve coast with sea views and approved plans for 15 houses is available in Boliqueime for €3,500,000. The substantial 7,598m² plot occupies an elevated position with countryside views and distant sea views. It is suitable for buyers seeking approved residential development land within easy reach of the coast. The planned gated condominium consists of four T4 villas with offices and eleven T3 villas with offices. Each proposed house includes a basement, an individual pool, and a rooftop area. A communal swimming pool is also part of the condominium concept. The plans provide for an administration and meeting room for the community. A playground is intended to serve families living within the development. Mains water and drainage are available on the property. Easy access supports the future construction process and connection with nearby roads. An existing ruin forms part of the landholding. Boliqueime is approximately 1km away, making local amenities convenient for future residents. The sea is around 5km from the plot. The nearest beach is approximately 10km away for swimming, watersports, and coastal leisure. Golf is also accessible at roughly 10km from the site. Faro Airport lies approximately 27km away, which is practical for overseas purchasers and holiday visitors. The location could appeal to families, second-home owners, golf enthusiasts, and Algarve rental guests. A developer may consider selling the villas individually or retaining them as a managed rental portfolio, subject to approvals and business planning. Forecast income and ROI should be calculated using verified construction costs, local comparables, operating expenses, and applicable licensing rules. Contact us to arrange further information and inspect this coastal development opportunity near 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)