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Key information Make an enquiry

€ 375,000 £ 323,151 $ 393,532

Reference PP7056

Boliqueime, Central Algarve

Townhouse

3 Bedrooms

Built in: n/a

110m2 Build size

€ 3,409 £ 2,937 $ 3,577 / m2 build

1,647m2 Plot size

€ 228 £ 196 $ 239 / m2 plot

Semi-Detached Villa In Boliqueime

€ 375,000 £ 323,151 $ 393,532

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Key information

Reference: PP7056

Townhouse

Boliqueime, Central Algarve

3 Bedrooms

3 Bathrooms

Ownership Status: Developer

Built in: n/a

110m2 Build size

€ 3,409 £ 2,937 $ 3,577 / m2 build

1,647m2 Plot size

€ 228 £ 196 $ 239 / m2 plot

Stunning 3 Bedroom semi-detached villa in the heart of Central Algarve. This villa is situated on a plot of over 1,600m2, with stunning rural views and a huge amount of natural light. 

The building was originally built in the late 1800s/early 1900s and is being completely rebuilt from the ground up. The completed project will keep much of the traditional charm while bringing the building and plot into the 21st century. The architect/project manager is very well known in Portugal and is famous for high-quality projects, so any buyer can be confident it will be finished to the highest standard. 

Rental potential in Boliqueime is extremely good. There are many independent villas in this area, making large sums during the summer months. This villa is very close to Vilamoura, which is the highest searched area for summer rentals in Portugal. You could easily charge over €1,500/week in high season for a property like this. The annual rental projection should be around 4-5%.  

The asking price is well below its completed market value, so is an absolute steal for any investor looking at low capital real estate options. 

Features

  • Pool
  • Air conditioning
  • Garden
  • Parking
  • Terrace/Balcony
  • New development
  • Features great views
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near a golf course
  • Near the beach

Key information

Reference: PP7056

Townhouse

Boliqueime, Central Algarve

3 Bedrooms

3 Bathrooms

Ownership Status: Developer

Built in: n/a

110m2 Build size

€ 3,409 £ 2,937 $ 3,577 / m2 build

1,647m2 Plot size

€ 228 £ 196 $ 239 / m2 plot

Recently Sold

The location: Boliqueime, Central Algarve

Boliqueime is a lovely little town, part of the Loule district. It is located 10 minutes drive from Vilamoura inland to the West. Easy accessible by the National Road 125 or the highway A22. The town’s name comes from the word “bulicame” which means “thermal spring” and the origin of this town is closely connected to the Genovese, Venetians and Sicilians who used to travel in the 13th, 14th and 15th centuries to this place, for the tuna and whale fishing.

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Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Jessica Piessens

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