Buildings for sale in Olhão, Algarve, Portugal

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. #ref:PREPN001

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

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

#ref: 879134

We present to you a unique investment opportunity in the heart of Fuseta, one of the most charismatic and authentic locations in the Algarve. Located on Rua da Liberdade, the village’s main street and just 5 minutes from the beach, this building brings together three different spaces a 2-bedroom apartment, a commercial space, and a house all with independent access, guaranteeing versatility and high profitability potential. Thanks to its excellent sun exposure and privileged location, this property is perfectly suited to both those seeking their own residence and investors wishing to explore the local rental or tourism market. Property Features: 2-Bedroom Apartment: - Cozy living room - Functional kitchen - 2 Bedrooms - 1 Bathroom - Pantry - Balconies (front and back) - Private terrace COMMERCIAL SPACE: - Spacious shop - Counter shop - 1 Bathroom - Covered porch HOUSE: - Bright living room - Kitchen - 1 Bedroom - 1 Bathroom - Private terrace Investment Potential. This property stands out for its versatility: The 2-bedroom apartment offers comfort and functionality, ideal for living or renting. The commercial space guarantees a strategic location, perfect for any type of business on the busiest street in Fuseta. The independent house adds value, and can be used as a primary residence, vacation home, or for tourism purposes. In the context of the Algarve real estate market, properties with these characteristics centrality, independent access, and proximity to the beach represent a rare opportunity, combining asset appreciation, potential for stable income, and the quality of life that only the Algarve can offer. An unmissable opportunity for those seeking to invest with vision in the Algarve, whether to live in, generate income, or diversify their assets. #ref:381250103

INVESTMENT OPPORTUNITY - BUILDING WITH APPROVED PROJECT IN OLHÃO, FARO 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 City Council, allowing it to move forward quickly with the work Ideal for those who want to invest in the residential and commercial market of the Algarve, benefiting from tourism and the economic dynamism of the region. Contact us for more information! Reference: ASV25017 As we are credit intermediaries duly authorized by the Bank of Portugal (Reg. 2736), we manage your entire financing process, always with the best solutions on the market. Why choose AS Imobiliária With more than 10 years in the real estate business and thousands of happy families, we have 8 strategically located agencies to serve you closely, meet your expectations and help you acquire your dream home. Commitment, Competence and Trust are our values that we deliver to our Clients when buying, renting or selling their property. Our priority is your Happiness! Real estate specialists in Vizela; Guimarães ; Felgueiras ; Lousada ; Santo Tirso ; Barcelos ; São João da Madeira ; Harbor; Braga; Trofa ; Lisbon; #ref:ASV25017

2-storey building with terrace - 7 bedrooms - 4WC - 2 kitchens - 2 living rooms - 2 balconies Excellent building next to the Municipality of Olhão and a few meters from the beach. Building in total ownership, consisting of 3 fractions, 2 of them on the ground floor and another on the ground floor, it also has a terrace with unobstructed views. The building is characterised by generous areas, 4 independent entrances, excellent ceiling height and contemporary finishes. Ground floor has a commercial space that is leased to the Algarve Tourist Spot, a housing fraction consisting of kitchen, living room, toilet, pantry, 2 bedrooms, entrance hall, plus a backyard and stairs to access the terrace. The ground floor consists of 3 bedrooms, one of them with access to the balcony, large living room with access to the main balcony, kitchen, laundry, bathroom, entrance hall, plus a pantry, and an inactive bathroom. The terrace is described by the unobstructed view in all directions, ample conducive to the application of a pergola and outdoor decorations, promoting sunbathing either at sunrise and/or sunset, as well as sea views. The building needs rehabilitation works and presents itself as an excellent investment opportunity, either for the purpose of permanent housing as it can be converted into 3 independent apartments or a tourist development facilitated by its strategic and privileged location. The building, due to its privileged location, offers residents a high quality of life, access to all kinds of commerce and services, proximity to the beach, train station and airport. For additional questions and/or queries contact us #ref:EDI_94

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

Discover this magnificent building in the heart of Fuseta, one of the most charming destinations in the Algarve, just minutes from the embarkation pier for the stunning islands of Fuseta and the marvelous Ria Formosa. Located in the middle of the town center, on a pedestrian street, this property benefits from a privileged location, surrounded by restaurants, traditional shops and the main tourist attractions of the village. The building is divided into two independent apartments, offering an excellent opportunity for both owner-occupancy and tourist investment with high profitability potential. With a total of 6 bedrooms distributed between the ground floor and the first floor the property also stands out for its fantastic rooftop terrace, where you can enjoy breathtaking views over the Ria Formosa and experience all the tranquility and beauty of this unique area of ??the Algarve. If you are looking for a safe investment in a strategic location or a charming beachfront home, this is the perfect opportunity. Come and see this unmissable property with sea views in Fuseta! #ref:381260047