€390,000

Located in Loulé.
Presenting a rare investment opportunity in Boliqueime, Loulé. This expansive plot of land, extending over 6,239.2 m², encompasses an old ruin with exceptional potential for transformation into a bespoke residential property. The current built area measures 154.7 m², with the option to expand up to 300 m², allowing for the creation of a home tailored precisely to your aspirations. Nestled in a serene and picturesque setting, this property offers the ideal canvas for a dream residence, combining privacy, charm, and the freedom to design a unique living space. Boliqueime is a charming and tranquil village nestled in the hills of the Algarve, Portugal, roughly 45 to 95 metres above sea level. With its whitewashed houses, narrow streets, and surrounding almond groves, it exudes a traditional, rural atmosphere while remaining conveniently close to the coast. The village has retained much of its medieval charm and is popular with visitors seeking peace away from the busier coastal resorts, yet still within easy reach of beaches and amenities. Dining in Boliqueime is a delight, with several notable restaurants offering a mix of local Portuguese and international cuisine. Among the most wellknown is Birds Nest Restaurant, a family-run eatery near the village that serves Mediterranean and Portuguese-inspired dishes in a cosy garden setting, ideal for relaxed dinners or Sunday lunches. Another standout is O Lavrador, located in the hills above Boliqueime, where a British couple has created a welcoming environment blending traditional Portuguese ingredients with British favourites such as Sunday roasts, all served with stunning countryside views. Both establishments are celebrated for their friendly atmosphere, quality food, and a memorable dining experience. Boliqueime is conveniently accessible, lying approximately 25-30 minutes by car from Faro International Airport, making it an easy and peaceful retreat within the Algarve region. Xtophe Properties, a member of the Chestertons Global Network. With our local knowledge and working in the Portuguese real estate business since 2013, we offer exclusive properties and focus on excellence every day. We work with the utmost dedication in connecting clients with properties that meet their expectations, whether for living, investing or expanding business. We have a professional team of real estate experts who speak several languages, including Portuguese, English, French and Spanish and have the aim of offering the best experience to our clients. Energy Rating: In progress #ref:X9730