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Algarve, Olhão, Portugal

£925,892
€1,100,000
Remax Expogroup, Portugal
PROPERTY TYPE

Villa

BEDROOMS

4

BATHROOMS

1

SIZE

5,490 sq ft

510 sq m

Key features

  • 4 bedrooms
  • House area: 510 sqm
  • 1 bathrooms
  • Construction year: 1951

Description

Estate in Olhão A unique property in a privileged location, on the first line of the Ria Formosa, with more than 12 hectares and several urban items, with fully functioning salt pans and fish farms.
In the middle of the Ria Formosa, this estate with 12.3Ha (11.4Ha in salt flats) with several urban items and one rustic.
It has 1 single storey T3 house, 3 ruins and 1 warehouse dedicated to industrial activity, with salt pans and a fish farm, in full operation.
The salt mines are currently under concession and are a source of current profitability for the property. The urban buildings are all from before August 7, 1951.
The property, inserted in a true *ex-libris* of nature, has enormous potential both at a commercial/industrial level, through salt extraction, and at a tourist level, and could become an eco-resort in the *heart* of a of the 7 Natural Wonders of Portugal. Bird-watching is increasingly one of the main interests of visitors.
As it is located in the Ria Formosa, this estate is a natural habitat for a great diversity of birds and a *stopover point* for migratory water birds that use the Ria during the winter. Located 5 minutes from various services and 20 minutes from Faro International Airport, it has good access, electricity and borehole water. Take advantage of this opportunity to own a unique property in a privileged location with magnificent views of the barrier islands. Mark your visit.
REF: -4

Algarve, Olhão, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    5.9 miles
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This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_123561153-4) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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