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Algarve, Olhão, Portugal

€1,190,000
Ideal Homes Portugal, Portugal
PROPERTY TYPE

Commercial Property

BEDROOMS

10

BATHROOMS

4

SIZE

2,874 sq ft

267 sq m

Key features

  • 10 bedrooms
  • House area: 267,1 sqm
  • Air conditioning
  • 4 bathrooms
  • Construction year: 1970

Description

Seize this opportunity to acquire a residential apartment building comprising four units located in
Olhão, one of the Eastern Algarve’s most distinctive and intriguing cities.

Famous for its whitewashed cubist-style houses, narrow streets, and flat-roofed buildings reflecting
Moorish influence, Olhão boasts unique architectural identity and charm that captivates visitors.
Conveniently positioned approximately 20 minutes from Faro International Airport, this traditional
1970s town building comprises seven bedrooms, four bathrooms, and a total area of 161 square
meters.

The current configuration offers versatile and modern accommodation arrangements with one T1
apartment and three T2 apartments, presenting potential for profitability.

The property features secure parking in the garage and reflects Olhão’s traditional Algarvian heritage
with subtle Moorish influences in its architecture and décor.

Contemporary amenities include air conditioning, double glazing, and terrace with hot tub, ensuring
comfort throughout the year. Its central location provides easy access to the beach and amenities
within Olhão.

Public transport is also convenient, with a nearby bus stop and railway station facilitating travel
within the town and beyond. There are also regular boat trips from the Olhão docks to the stunning
Ria Formosa islands, for a unique beach experience.

The bustling fish market, a short stroll away, offers a real taste of authentic local life.
In town, Olhão';s dining scene is heavily shaped by its rich fishing heritage although a wide range of
modern dining options are available, from wine and tapas bars to flavourful international cuisine.

Nature enthusiasts will appreciate nearby outdoor spaces such as the local Leisure Park and Miguel
Torga geriatric park, as well as having the glorious Ria Formosa lagoon system and barrier islands on
the doorstep.

Don't miss this opportunity to invest in unparalleled coastal living in one of the Algarve's most
unique cities.
REF: IDH33331

Algarve, Olhão, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    7.1 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

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About the agent

Ideal Homes Portugal, Portugal

Vila Sol, Alto do Semino Lote E, Loja 1, 2 + 3 8125-307 Quarteira

Ideal Homes Portugal, Portugal

Established in 2012, Ideal Homes Portugal are a professional, friendly real estate agency with two offices in the Algarve – in Vila Sol and Lagos. We’ve helped hundreds of happy customers find their perfect property in Portugal over the last 10 years.

We have homes for sale across the whole coast, from Tavira in the East, via Albufeira, Carvoeiro and Vilamoura in the Central Algarve, to Lagos and Portimão in the West. You can browse more than 750 Algarve properties on our website, and w

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Ideal Homes Portugal, Portugal (reference 98429_IDH33331) 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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