In the heart of Olhão, where the charm of tradition meets modernity, a rare opportunity is born.
Two ruins, loaded with history and potential, await the next chapter of your life or your next big investment.
The project is already approved and ready to move forward: a residential building with contemporary lines, spread over three floors with basement and roof.
The architecture was designed to unite functionality and elegance, creating a space that stands out in the urban centre.
The building includes three shops in the basement, five T1 apartments and two T2 apartments, ideal for own housing, long-term rental or tourist accommodation.
The properties are located in a quiet area, but with everything close by: shops, schools, public transport and the main access roads. A place that combines convenience and quality of life, where every detail values the investment.
With excellent sun exposure, a project already validated by the City Council and the growing interest in the real estate market in Olhão, this is a solid opportunity to rehabilitate and monetise in one of the most promising destinations in the Algarve.
Key highlights:
* Two ruins registered with independent urban article;
* Project approved by the City Council;
* Total land area: 262.15 m²;
* Approved construction area: 216 m².
Here, the past comes to life and the future begins to be built today.
Schedule your visit and find out how to turn this opportunity into profitability and lasting value.
Energy Rating: Exempt
#ref:PREPN001
- Rooms
- Common Sanitary Facilities
- Number of floors:2
- Surroundings
- Wide Range of Services
- Children's Playground
- Highway
- Bank
- Shopping Center
- City Center
- Traditional Trade
- School
- Green areas
- Parking
- Public Parking
- Excellent Access
- Pharmacy
- Gymnasium
- Supermarket
- Market
- Beach
- Gas Station
- Public Transport
- View to City
- Comfort and Leisure
- History
- Areas
- Gross Area:216.00m²
- Land Area:262.15m²
- Net Area:210.00m²
Similar Properties
The renovation has resulted in an essentially new building, with only the original historic façade preserved, maintaining the architectural identity of the street while introducing contemporary interiors with particular attention to the quality of materials,...
The buildings are located in Rua de Olivença in Olhão, just 7 minutes from the Marina of Olhão and all the riverside area of the city.
An excellent investment opportunity for transformation into local accommodation or even residential.
Olhão is a city that has been growing a lot in its trade, services, and housing level, increasingly sought after by tourists wishing to know its historical past as well as i...
The building consists of two floors consisting of two apartments each with an equipped kitchen, in open space and a bedroom en suite. Both apartments have pre-installation of air conditioning and two swimming pool on the terrace, one per apartment.
The property has two fronts, offering the possibility of monetizing the two independent apartments.
#ref:VPPO302...
We present a building with an approved project in Olhão, one of the most sought-after areas of the Algarve. This property, composed of two urban items for Housing and Services, represents an excellent opportunity for investors looking for an asset with high potential for appreciation.
Project approved for 7 fractions + 2 garages
Privileged location, in a growing city with strong real estate demand
It awaits a construction license from the...