A 7,598m² investment plot for sale near the Algarve coast with an approved T3 and T4 villa project is available in Boliqueime. Priced at €3,500,000, the site is approved for a 15-house gated condominium. The project includes eleven T3 villas with offices and four T4 villas with offices. Each villa is planned with a basement, an individual pool and a rooftop. This gives investors a defined residential concept rather than an undeveloped parcel without a proposal. The plot occupies an elevated position with countryside views and distant sea views. Its location is close to Boliqueime, with the town centre approximately 1 kilometre away. Mains water and drainage are available on the property. An existing ruin is also present on the land. The proposed condominium includes a communal pool for residents. A playground is included for families and younger residents. An administration and meeting room forms part of the communal facilities. The coastline is approximately 5 kilometres away. Several beaches are within around 10 kilometres. Golf is available at an estimated distance of 10 kilometres. The nearest school is roughly 4 kilometres away. Faro Airport is approximately 27 kilometres from the plot. Potential returns could come from selling the completed villas or creating a managed rental scheme, subject to construction costs, licensing, demand and final feasibility. The combination of approved residential use, varied villa sizes and Algarve proximity may support a range of investment strategies. Buyers should review the planning documents and financial assumptions with qualified advisers before proceeding. Contact us today for the full project details and a viewing.
• 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)
