Terraced house  in Olhão
  • New

€155,000

Terraced house in Olhão

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  • 1 bedroom
  • 32 m² gross area
  • 32 m² of land

Traditional House for Renovation Just Minutes from Olhão City Centre We present this house with great potential, located just a few minutes from the city centre of Olhão, in a typical and central area, close to local shops, services, restaurants and all the authentic atmosphere that characterises this Algarvian city. The property has a total area of 32 m², currently comprising a living room and two additional rooms, offering an excellent base for a full renovation project, fully customisable to the future owner’s taste. One of the main highlights of this house is its vaulted ceilings, a traditional architectural feature that adds character, authenticity and charm to the interior spaces. Access to the property is made through a shared corridor, typical of older constructions in the area, preserving the original character of the building. Inside, stairs lead to a terrace, where you can enjoy open views over the city of Olhão, ideal for creating a leisure area, sun deck or outdoor dining space. One of the property’s strongest assets is the possibility of building a second floor, subject to municipal approval, allowing for a significant increase in living space and enhancing the investment potential, whether for a permanent residence, holiday home or rental market. The house requires a complete renovation, making it an excellent opportunity for those looking for a high-potential project in a prime Algarve location. Its proximity to the city centre, the ferry terminal to the islands of the Ria Formosa and the main access roads further enhances the appeal of this property. Ideal for investors or for those wishing to create a unique home, combining the traditional charm of Olhão with a modern and functional renovation project.

Ref: 797174

Characteristics

  • 32 m² built, 32 m² floor area
  • 1 bathroom
  • Terrace
  • Living room
  • Electric heating
  • Built in 1951

Price details

Property price
€155,000
Price per m²
€4,844 / m²

Energy performance

Energy performance diagnosis

  • A

Olhão, Olhão

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