9 Commercial properties for sale in Olhão, Algarve, Portugal, of 600.000 € until 3.000.000 €, until 500 m²

Seize this opportunity to acquire a residential apartment building comprising four units located in Olhão, one of the Eastern Algarve’s most distinctive and intriguing cities. Famous for its whitewashed cubist-style houses, narrow streets, and flat-roofed buildings reflecting Moorish influence, Olhão boasts unique architectural identity and charm that captivates visitors. Conveniently positioned approximately 20 minutes from Faro International Airport, this traditional 1970s town building comprises seven bedrooms, four bathrooms, and a total area of 161 square meters. The current configuration offers versatile and modern accommodation arrangements with one T1 apartment and three T2 apartments, presenting potential for profitability. The property features secure parking in the garage and reflects Olhão’s traditional Algarvian heritage with subtle Moorish influences in its architecture and décor. Contemporary amenities include air conditioning, double glazing, and terrace with hot tub, ensuring comfort throughout the year. Its central location provides easy access to the beach and amenities within Olhão. Public transport is also convenient, with a nearby bus stop and railway station facilitating travel within the town and beyond. There are also regular boat trips from the Olhão docks to the stunning Ria Formosa islands, for a unique beach experience. The bustling fish market, a short stroll away, offers a real taste of authentic local life. In town, Olhão’;s dining scene is heavily shaped by its rich fishing heritage although a wide range of modern dining options are available, from wine and tapas bars to flavourful international cuisine. Nature enthusiasts will appreciate nearby outdoor spaces such as the local Leisure Park and Miguel Torga geriatric park, as well as having the glorious Ria Formosa lagoon system and barrier islands on the doorstep. Don’t miss this opportunity to invest in unparalleled coastal living in one of the Algarve’s most unique cities. #ref:IDH33331

Take a look at this fantastic investment opportunity: a five-apartment commercial property nestled in the heart of captivating Olhão a dynamic, resilient and growing town. Renowned for its traditional whitewashed cubist-style houses, narrow streets, and flat-roofed buildings, this property offers glimpses into Olhão’s rich Moorish influence and architectural character. Situated in close proximity to Faro International Airport, roughly 20 minutes away, it enjoys convenient access for residents and visitors alike. Olhão’;s history is steeped in fishing heritage, with the town serving as a prominent fishing port for centuries. This is still evident today, in the bustling atmosphere of the local fish market, one of the largest in the Algarve region, a short walk from this property. Conveniently located in the heart of Olhão’s cubist town, this property offers easy access to shops, restaurants, and services, enhancing its appeal to residents and potential tenants alike. The building boasts a collection of apartments ranging from T0 to T2: T2 Apartments: Each unit comprises a living room, kitchen, two bedrooms, and a bathroom. Additionally, enjoy the luxury of a terrace spanning 37sqm, complete with a private dip pool. T1 Apartments: Open-plan living and dining areas, accompanied by a kitchen, bedroom, and bathroom. Ascend the stairs to discover a 42sqm terrace exclusively equipped with a plunge pool and outdoor kitchen space. T0 Apartment: This cosy unit features a kitchen, bathroom, and an outdoor area ideal for savouring panoramic views from the top floor. Natural light floods the interiors, enhancing the ambiance of each space. Sold fully furnished and equipped, amenities include electric blinds, double-glazed windows, air conditioning, and solar panels. For added privacy, all apartments offer individual access via a charming internal courtyard. Beyond its historical significance, Olhão is a gateway to the breathtaking Ria Formosa Natural Park, a protected wetland area renowned for its biodiversity and scenic beauty. Nature enthusiasts will delight in the park’s diverse ecosystems, from marshes and sand dunes to salt pans and barrier islands, offering opportunities for bird-watching, hiking, and boat tours amidst this picturesque landscape. Don’t miss out on this exceptional chance to invest in a property offering a variety of apartments, attractive features, and a prime location steeped in history and natural beauty. #ref:IDH33333