This property is a unique opportunity for those looking for a rehabilitation project in the heart of the Algarve. It is a rustic, mixed-use building. With two floors, and roof terrace on the third. It is located in the historic centre of Olhão in a quiet and picturesque area, just a few minutes from the marina and the Ria Formosa. The building has a construction area of 80 m2 and a plot of 40 m2. The property offers a huge potential to become a dream home, or a charming local accommodation, taking advantage of the region’s tourism. The building needs refurbishment works, but maintains the original design and the typical elements of Algarve architecture. The property is located in an urban rehabilitation area, benefiting from tax incentives and financial support for its recovery. Don’t miss this opportunity to invest in a property with history and personality, in one of the most beautiful and sought-after areas of the Algarve. Olhão is a Portuguese city in the Algarve, known for its fishing activity and its proximity to the Ria Formosa Natural Park. It has a historic centre with Arabic-influenced cubic houses and a daily market for fish and fresh produce. Olhão is also the starting point to visit the islands of Armona and Culatra, which have white sand beaches and crystal clear waters. It is a city with a lot of character and authenticity, where you can enjoy the local gastronomy and culture. Olhão is a great option for those looking for a different and genuine destination in the Algarve. Don’t miss this opportunity and come and see this property! #ref:CB06-0117