Commercial property for sale in Olhao, Algarve, Portugal

£1,325,674 (€1,545,000)
Interested in this property? Call +44 330 038 9555 * or Request Details

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Commercial property for sale

5

Property features

  • 5 bedrooms
  • House area: 169.7 sqm
  • Swimming Pool
  • Air conditioning
  • Condition:
  • 5 bathrooms

Property description

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
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For more information about this property, please contact
Ideal Homes Portugal, on +44 330 038 9555 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ideal Homes Portugal, and do not constitute property particulars. Please contact Ideal Homes Portugal for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.