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Premium
350.000 €
Grundfläsche 90 m²
Investment Opportunity | Century-Old Building in the Center of Olhão An excellent investment opportunity in the heart of Olhão: a century-old building with unique character, preserving the authenticity of its original materials and architectural features. This property, under full ownership, is spread over two floors. The ground floor offers a space of approximately 45 sqm, providing versatility for conversion into commercial or residential use, with the potential to be divided into separate units. On the first floor, there is a residential unit comprising three bedrooms, a living room, a kitchen, a rustic-style bathroom, and a large terracean added value feature ideal for enhancing the property and creating a distinctive outdoor space. The buildings façade has been fully restored, and all window frames have been replaced with aluminum solutions, ensuring improved durability and efficiency. Inside, original features such as solid wood flooring remain, reinforcing the propertys authentic character. The interior requires renovation works, representing a clear value-add opportunity for resale, long-term rental, or touristic exploitation. Prime central location, within close proximity to shops, services, and the citys main attractions. Ideal for investors seeking a property with character, strong appreciation potential, and flexible usage options. #ref: 911395
Premium
490.000 €
Grundfläsche 137 m²
OLD TOWNHOUSE BUILDING | REHABILITATION PROJECT In Olhão, a charming city in the Algarve’s eastern region, this 2-storey building represents a concrete opportunity for those seeking a rehabilitation project with real potential. Townhouse building with approximately 170 m², distributed across ground floor, 1st floor and rooftop, with garage, two rehabilitation options and various usage possibilities. CURRENT CONFIGURATION / PROPOSAL Ground floor: garage, bedroom and WC. 1st floor: 2 bedrooms and WC, kitchen. Rooftop: bedroom en suite and leisure area. OPTION 1 2-BEDROOM + STUDIO | €660,000 with work completed Ground floor (70 m²): garage, bedroom and WC. 1st floor (70 m²): kitchen and open-plan living room, studio and WC. Rooftop (30 m²): bedroom en suite, laundry room and leisure area. Space provided for platform/elevator. OPTION 2 1-BEDROOM + 2-BEDROOM | €650,000 with work completed Two independent units with separate entrances. Each unit features kitchen, living room, bedroom and WC. Rooftop with bedroom en suite, WC, laundry room and leisure area. A versatile opportunity for personal residence or real estate investment, with two solutions for maximizing and enhancing the property’s value. Olhão is a city with distinctive architectural character, known for its Moorish-influenced buildings and proximity to Ria Formosa, which adds particular interest to this type of property for real estate enhancement projects. Contact us for more information and project presentation. #ref: 1027140
500.000 €
Grundfläsche 216 m²
Im Herzen von Olhão, wo der Charme der Tradition auf die Moderne trifft, bietet sich eine seltene Gelegenheit. Zwei Ruinen, vollgepackt mit Geschichte und Potenzial, warten auf das nächste Kapitel deines Lebens oder deine nächste große Investition. Das Projekt ist bereits genehmigt und bereit für die Weiterentwicklung: ein Wohngebäude mit zeitgemäßen Linien, das sich über drei Etagen mit Keller und Dach erstreckt. Die Architektur wurde entworfen, um Funktionalität und Eleganz zu vereinen und einen Raum zu schaffen, der sich vom Stadtzentrum abhebt. Das Gebäude umfasst drei Geschäfte im Untergeschoss, fünf T1-Wohnungen und zwei T2-Wohnungen, ideal für eigene Wohnungen, Langzeitvermietungen oder touristische Unterkünfte. Die Unterkünfte befinden sich in einer ruhigen Gegend, aber mit allem in der Nähe: Geschäfte, Schulen, öffentliche Verkehrsmittel und die wichtigsten Zufahrtsstraßen. Ein Ort, der Komfort und Lebensqualität verbindet, an dem jedes Detail Wert auf die Investition legt. Mit hervorragender Sonneneinstrahlung, einem Projekt, das bereits vom Stadtrat bestätigt wurde, und dem wachsenden Interesse am Immobilienmarkt in Olhão ist dies eine solide Gelegenheit, eines der vielversprechendsten Reiseziele an der Algarve zu sanieren und zu monetarisieren. Wichtige Highlights: * Zwei Ruinen, die mit einem unabhängigen städtischen Artikel registriert sind; * Projekt vom Stadtrat genehmigt; * Gesamtfläche des Grundstücks: 262,15 m²; * Genehmigte Baufläche: 216 m². Hier wird die Vergangenheit lebendig und die Zukunft beginnt heute, gebaut zu werden. Vereinbaren Sie einen Besuchstermin und finden Sie heraus, wie Sie diese Chance in Rentabilität und dauerhaften Wert verwandeln können. #ref:PREPN001
Werbung
Undefined
600.000 €
Grundfläsche 617 m²
Set of buildings in the center of Olhão with the possibility of transformation into 14 new apartments. 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 its paradisiacal islands, being only 20 minutes from Faro Airport and 15 minutes from the city center of Faro. #ref:1100
600.000 €
This unique investment opportunity includes a set of buildings in the heart of Olhão, located on Rua de Olivença, just a short 7-minute walk from the Marina and the city’s beautiful riverside area. With the potential to transform these buildings into 14 new apartments, this project is ideal for creating a residential complex or a local accommodation business in one of Algarve’s most popular cities. Olhão has become a sought-after destination, known for its rich history, vibrant markets, and stunning islands. The city is rapidly growing in tourism, commerce, and housing demand, making this project highly promising. Situated only 20 minutes from Faro Airport and 15 minutes from Faro’s city center, this property offers both convenience and potential. Contact us to learn more about this exciting opportunity in Olhão. #ref:1100
1.200.000 €
Grundfläsche 350 m²
Exceptional corner building for total rehabilitation, situated in one of the most emblematic and sought-after streets in Olhão, set on a corner between Rua 18 de Junho and Rua Gonçalo Velho. Located within the Urban Rehabilitation Area (ARU) of Olhão Centre, this asset represents an unmissable investment opportunity for developers looking for profitability and scale in the Eastern Algarve. The property features recent architectural studies and general drawings (V2 version from March 2026) that help visualise its enormous potential. It is important to emphasize that the property does not have an approved project, making it an excellent opportunity to develop your own project from scratch. According to the prior technical information from the Municipality of Olhão (Process no. 13/2025), the property falls under the structural spaces class I, providing viability for extension and reconstruction works, with a maximum permitted height of up to 5 floors. One of the building’s highlights is the 3 ground-floor shops with direct access to the patio, providing unique commercial and residential versatility. Additionally, there is fantastic appreciation potential with the possibility of creating a private terrace above the patio area. The preliminary project exemplarily safeguards the municipal requirement to preserve the main facades, enhancing the ceramic coverings of traditional colors and patterns and tiles of high heritage value. Main Features and Technical Data: Strategic Location: Corner building with two main facades (Rua 18 de Junho and Rua Gonçalo Velho), guaranteeing excellent sun exposure and visibility. Official Areas: Land registry with a total plot area of 293.5 m² (238.9 m² covered and 54.6 m² patio/uncovered) and tax registry with 300 m² of gross construction area. Constructive potential: Around 350 m² of estimated gross overall area, with 3 ground-floor shops connected to the patio, upper residential floor and attic, and potential for vertical development up to 5 floors. Tax Advantages (ARU): Access to municipal tax benefits and incentives associated with urban rehabilitation (such as reduced IMI property tax and reduced VAT rates). Book your visit now, check the floor plans and discover the full potential of this exclusive property! #ref:1769-02341

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