Premium New development

2 Bed House for sale

Olhão, Algarve, Portugal

£153,048 *  [€180,000]

2 Bed House for sale

Olhão, Algarve, Portugal

£153,048 *  [€180,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 0

Full Description


Discover this charming townhouse, located in the heart of the historic center of the picturesque cubist city of Olhão. With a gross area of 50 m², this property offers a unique opportunity to create the home of your dreams. The house, in a state of ruin, preserves three original vaults that give it a special and authentic charm. With several rooms, two bedrooms and a bathroom, the potential for renovation is immense.

The terrace and small recess on the first floor offer additional outdoor space, perfect for enjoying the Algarve's mild climate. Furthermore, there is the possibility of expanding the house and aligning the buildings with neighboring houses, maximizing the available space. The privileged location provides tax benefits, making this property an excellent investment opportunity, whether as a permanent home, holiday home or to monetize on the rental market.

Take advantage of this chance to purchase a house with unique characteristics and transform it into a charming refuge in the heart of Olhão.
Energy Rating: Exempt
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*Based on an exchange rate of 0.8438 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.