4 Houses 2 Bedrooms For refurbishment, in Distrito de Faro, Reduced price: 5 %, in 30 days

This ruin is just a few steps away from the famous fish and vegetable markets, where you can find the freshest products of the region.
The stunning beaches of the Algarve are also a short walk away, where you will find the perfect setting to relax and soak up the sun and beaches.

If you want to create your own getaway in the heart of the Algarve, in one of the most charming and authentic cities in the region, don’t miss this opportunity!

Single storey house in the center of Loulé with enormous potential to be able to build the house of your dreams.

Great investment.

Typical semi-detached house with 41.20m2, to recover, located in downtown Olhão.

This villa is a 2-minute walk from the ferry docks to the islands and the market.

It is possible to build a first floor.

Olhão, City of the Sea and the Ria, has a lot to offer visitors. It stands out in the areas of fisheries and canning industry but also in tourism and agriculture. The Ria Formosa, the markets and the historic area are ex-libris.

The Municipal Markets of Olhão, one of the ex-libris of the city of Olhão, began to be built in 1912 and were inaugurated four years later. For almost a century, they have been one of Olhão’s picture postcards and must-visit places for tourists and residents.

In the municipality of Olhão, Armona Island is part of the Ria Formosa barrier island system, from which the beaches of Fuseta Mar and Armona Mar stand out.

Just 10 minutes away from Faro and Faro International Airport, Olhão is distinguished by its cubist architecture, given the more or less organised or chaotic cubic agglomerations that its houses take on in the most popular neighbourhoods in Olhão, with special emphasis on: Bairro da Barreta and Bairro do Levante.

If you are looking for a house to live or to invest, this is an excellent opportunity.

Come and see this property with 360 Properties.

For sale this town house for renovation, located in a perfect location in the historic center of the city of Olhão.

The architectural and engineering projects have already been approved by the Olhão Town Hall for the reconstruction of a 3-storey house with 140 m2 of floor space, 30 m2 of outdoor spaces and a 65 m2 roof terrace.

The works can start immediately by the new owners.

The plans for transforming the house into a luxury boutique home and featuring a contemporary design were drawn up by architect Bruno Oliveira of the Algarve-based architecture firm Estudio ODS.

The project includes :

On level 1, the 75 m2 ground floor:
1 kitchen;
1 bedroom;
1 bathroom;
2 patios: a large patio of 20 m2 at the front that you cross to enter the house and a second patio at the rear of 10 m2 accessible from the kitchen and bedroom;
1 internal staircase leading to the 1st floor.

On level 2, the first floor of 65 m2:
1 lounge (which could become a 3rd bedroom);
1 bedroom;
1 bathroom;
1 outside staircase leading to the roof terrace.

Level 3, the 65 m2 roof terrace:
1 Plunge pool of 5 m2;
2 technical rooms (one for the pool pump and the other for the house’s technical equipment);
1 relaxation area with pergola.

The project is designed to maximise space and bring in abundant natural light through several windows while maintaining complete privacy

This is an excellent opportunity for those who want to renovate a house to their own taste, combining all the highly sought-after features of Olhão: patios, a roof terrace with a south-facing swimming pool offering a splendid, unobstructed view over the city’s rooftops, and a prime location right in the heart of Baixa in a small, quiet alley close to the Igreja Paroquial de Olhão and Matriz Nossa Senhora do Rosário.

As the property is located in Olhão’s urban rehabilitation zone (ARU), you will be able to benefit from tax advantages as part of the renovation.

This price does not include the cost of the works.

Olhão is a charming fishing town on the banks of the magnificent Ria Formosa, just 15 minutes from Faro International Airport.

Please contact us for further information or to arrange a visit.