T5 Ruin with Approved Project in Boliqueime

Property with exceptional appreciation potential, located in the peaceful area of Patã de Cima, Boliqueime — a highly sought-after location where traditional Algarve charm meets proximity to the region’s main tourist destinations.

Set on a generous plot featuring mature fruit trees, including orange trees, a carob tree, and an olive tree, this property provides an ideal setting for an exclusive residential development or a high-yield investment opportunity.

The property benefits from excellent access via a paved road and is fully serviced with all essential utilities, including mains water, mains drainage, and electricity, complemented by a private borehole.

The existing two-storey villa is sold in its current condition, with no requirement to present a habitation licence, offering the buyer complete flexibility regarding future development. The approved expansion project may be maintained and completed, resulting in a large residence with eight en-suite bedrooms, generous living areas, and a rooftop terrace with open views, or an alternative planning solution may be pursued.

The plot also allows for subdivision, subject to planning, with demolition of the existing structure, enabling the construction of:

3 + 3 villas, each with approximately 100 sqm footprint and 150 sqm gross construction area, all featuring basement accommodation and private swimming pools; or

2 luxury villas, each with approximately 300 sqm footprint and 450 sqm gross construction area, also including basements and swimming pools.

Located just 15 minutes from Vilamoura and Albufeira, this is a rare opportunity for investors, developers or private buyers seeking to create a distinctive residential project in the heart of the Algarve.