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426 000 €
House T5 in Boliqueime, LouléLoulé, Faro
House T5 in Boliqueime with parking
132 m²
5 Bedrooms
1 WC
Energy efficiency
House T5 for sale
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, al
Details
Construction Year- -
Gross Area m²306
ElevatorNo
Private Gross Area m²132
Living Area m²132
GarageYes
Total Lot Size m²2 315
Price m²3 227 €
Floor- -
Location
Attributes
Garage
Terrace
Nearby listings
Origin Listing reference:id. AG580
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