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Why buy a 4,618m² residential plot with permission for up to 450m² of construction in Boliqueime?

Plot in Boliqueime

ref. VM2371
637.611$
  • NA
  • 4.618m2

Buying this 4,618m² residential plot near Boliqueime gives purchasers an approved project with permission for up to 450m² of gross construction. The asking price is €550,000, and the concept allows for one individual villa or two linked villas. The planned development includes a swimming pool, terrace and walls around the future home or homes. Its generous size offers room for a carefully planned residential project in a tranquil country setting. Countryside views create a relaxed Algarve environment away from dense urban development. Partial sea views add another attractive feature for future occupants or guests. The plot is in Maritenda, approximately 2 kilometres from Boliqueime. Local restaurants, cafés, shops and services are accessible from the property. Praia da Falésia is about 10.1 kilometres away for beach days and coastal walks. Golf at Millennium is approximately 6.6 kilometres from the site. The nearest school is around 3.2 kilometres away. Faro Airport is roughly 27.4 kilometres distant, making overseas access manageable. Good road access improves convenience for residents, visitors and construction teams. Mains water and mains electricity are included in the listed infrastructure information. Three floors provide scope for a well-organised layout, subject to the approved plans and applicable regulations. A single villa could provide a substantial private residence with landscaped outdoor areas. Two linked villas could create an adaptable opportunity for family occupation, resale or rental use. Investors can explore holiday or long-term rental potential, although returns will depend on design, licensing, costs and market performance. Independent legal, planning and financial checks are recommended before purchase. Contact us today to discuss the approved project and arrange a viewing of this Boliqueime development plot.

Usage
Residential
Type
Plot
Town
Boliqueime
Parish
Boliqueime
Municipality
Loulé, Faro
Region
Algarve (Central)
Plot Area
4.618 m²
Country Road
Mains water, Mains electric
Fruit Trees
Countryside View, Partial Sea Views
• Total Plot Area - 4618m2
• Gross Build Area - 450m2
• To nearest Beach - 10.1km

This property would have a gross construction area of up to 450m2 on 3 floors. With a pool and walls surrounding the house, it fits in with a backdrop of a beautiful country setting.

The plot is very close to all amenities and activities and beaches within 10 km.

Amenities

Good road access
Swimming pool and terrace
Countryside views

Location

• 10.1 km from the Beach ( Praia da Falesia )
• 2 km to Boliqueime
• 6.6 km to nearest golf course ( Millennium )
• 3.2 km to nearest school
• 27.4 km to Faro Airport.
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