diff --git a/src/plugins/qt4projectmanager/qtversionmanager.cpp b/src/plugins/qt4projectmanager/qtversionmanager.cpp
index 32d0184428995a73d99d6b306a84e5c4d66e1378..83ba6d28f618d5be901d038afb622e8a2a00c140 100644
--- a/src/plugins/qt4projectmanager/qtversionmanager.cpp
+++ b/src/plugins/qt4projectmanager/qtversionmanager.cpp
@@ -714,7 +714,9 @@ QString QtVersionManager::findQMakeBinaryFromMakefile(const QString &directory)
 #ifdef Q_OS_WIN
                 qmakePath = qmakePath.toLower();
 #endif
-                return qmakePath;
+                // Is qmake still installed?
+                if (QFile::exists(qmakePath))
+                    return qmakePath;
             }
         }
         makefile.close();