Typical House with Rehabilitation Potential in the Center of Olhão

Located in a central and traditional area of Olhão and just a few minutes from downtown, we find this townhouse that represents an excellent opportunity for those looking for a rehabilitation project in one of the most authentic places in the Algarve. The surroundings are characterised by the proximity to local commerce, services, restaurants and all the urban dynamics that distinguish Olhão.

With a current area of 32 m², the property is spread over 3 rooms, constituting a solid basis for a comprehensive remodelling intervention. Inside, the vaulted ceilings stand out, an architectural element of great heritage value, which reinforces the traditional character and gives identity to the space.

The entrance to the house is through a common access, typical of the old buildings of the city. Through interior stairs, it is possible to reach a terrace, from where you can enjoy an unobstructed view over the city, which has the potential to create a pleasant outdoor leisure area.

There is also the possibility of expanding the property with the construction of another additional floor, subject to city council approval.
The property is in need of total rehabilitation works, being especially suitable for investors or for those who want to create a unique house, adapted to their needs and personal taste.

In addition, it is located in an Aru Zone (Urban Rehabilitation Area), allowing it to benefit from the tax incentives associated with rehabilitation, which reinforces the interest of this project from a financial point of view.
The proximity to downtown Olhão, the access pier to the Ria Formosa islands and the main traffic routes makes this villa an opportunity for those who value location, authenticity and potential for future appreciation.

The location shown is not the exact location, but an approximate location of the property.
Energy Rating: Exempt
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