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Why buy a 4,246 m² development plot with approved villa plans in the Algarve?

Plot in Boliqueime

ref. VM2286
359.000€
  • NA
  • 4.246m2

Buying this 4,246 m² Algarve development opportunity gives investors two plots with approved plans for two villas. The asking price is €359,000, providing a defined project in the Boliqueime area rather than land without a development concept. The approved scheme allows for two linked villas, each with up to 300 m² of gross build area. The plots measure 2,809 m² and 1,437 m² respectively. Both proposed homes are designed with contemporary architecture by Camarim Architects from Lisbon. Private swimming pools and terraces are planned as important lifestyle features. Open-plan living areas would suit modern family living and holiday use. Countryside views offer a quieter alternative to more built-up resort locations. Good road access makes the property suitable for a future construction project. The plots are close to restaurants, cafés, shops and Algarve leisure activities. Praia da Falésia beach is approximately 8.2 km away. Boliqueime is about 5.4 km from the site. Dom Pedro golf course is around 7 km away. The nearest school is approximately 4 km distant. Faro Airport can be reached in roughly 29.2 km. An investor could potentially create two saleable homes or retain them as rental assets, subject to planning, construction and licensing requirements. The location may support demand from holidaymakers, second-home purchasers and longer-term residents. Returns, occupancy levels and ROI are not guaranteed, so a detailed feasibility study is recommended. Contact us today to review the approved plans and arrange a viewing of this Algarve investment property.

Usage
Residential
Type
Plot
Town
Boliqueime
Parish
Boliqueime
Municipality
Loulé, Faro
Region
Algarve (Central)
Usable area
600 m²
Plot Area
4.246 m²
Private Parking
Countryside View
• Total Plot Areas 2809/1437 m2
• Gross Build Area 300 m2 each
• To nearest Beach 8,2 m2

These Beautiful villas would have a build area of upto 300m2 each. Designed by Camarim Architects from Lisbon. The Villas will have a comtemporary, clean feel with terrace and pools with a backdrop of beautiful country setting.

The plots are very close to all amenities and activities and beaches within 10 km.

Amenities

Good road access
Open planned living spaces
Swimming pools and terraces
Countryside views

Location

• 8,2 km from the Beach ( Praia da Falesia )
• 5,4 km to Boliqueime
• 7 km to nearest golf course ( Dom Pedro )
• 4 km to nearest school
• 29,2 km to Faro Airport.
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