The investment plot near Loulé that includes an existing ruin and permission potential for a luxury villa is located in Boliqueime and measures 5,740m². It is available for €2,000,000 and comes with a proposal for a three-storey villa and swimming pool, with approval pending. This Central Algarve opportunity may suit investors looking to create a distinctive residential asset close to the coast. The proposed development also includes a two-floor basement designed for car parking. Its elevated setting offers countryside views together with a sea view. The existing ruin adds an established element to the site and may form part of the planning and development context. Mains water and drainage are connected or available, according to the property details. Tarmac access supports practical movement to and from the land. Boliqueime town centre is approximately 1km away. This places shops, cafés, restaurants and local services within convenient reach. The sea lies around 5km from the plot. Beaches are approximately 10km away, offering access to the Algarve coastline. The nearest golf course is also around 10km distant. Faro Airport is approximately 27km away, which is useful for international owners and seasonal visitors. The nearest school is around 4km away for households considering permanent occupation. A completed luxury villa could potentially serve as a private residence, holiday home or managed rental property. Its future income and capital growth prospects would need to be assessed against the final planning outcome, construction budget and local market demand. Investors should obtain independent planning, legal and financial advice before committing to the purchase. The location provides a balance of privacy, views and access to established Algarve amenities. Contact us to review the available documents and arrange a viewing of this Boliqueime investment plot.
• Plot Size 5740m²
• Project for 3-Storey Villa and Swimming Pool
• Mains Water and Drainage
• Close to Town and Amenities
This plot is located in a highly elevated position very close to the centre of Boliqueime, offering fantastic views across the countryside and with a sea view.
The project proposal consists of a 3 storey Villa above ground and with a 2-floor basement for car parking as well as an outdoor swimming pool.
Amenities
• Mains water & drainage
• Existing ruin
Location
• 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)
