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Large old house in the city to rebuild with outdoor space, Olhão

Townhouse in Olhão

ref. TV1251
320.000€
  • E
  • 221m2
  • 141m2

A large old house to refurbish and with the possibility of enlargement, well located in the city of Olhão da Restauração. Close to the historical area, but without the mandatory rules that this area implies. Possibility of expansion for tourism project such as a hostel, Boutique Hotel or another type of local accommodation (Alojamento Local).

Usage
Residential
Type
Townhouse
Town
Olhão
Parish
Olhão
Municipality
Olhão, Faro
Region
Algarve (East)
Renovation Year
1949
Floors
2
Living Area
221 m²
Plot Area
141 m²
Parking outdoors
Town View
• Living area: 221 m²
• Possibility to enlarge
• Well located in the city
• Near the islands of Farol and Armona

An old house with great dimensions to refurbish in the city of Olhão that can have several purposes: either own habitation or tourism with local accommodation. The house has several rooms, beautiful roofs, an excellent outdoor patio and two accesses to different streets, allowing to have two separate living spaces. On the ground floor the rooms are large, in need of restoration works, but they have materials and objects that can be refurbished with a traditional style. The large terrace on the ground floor allows you to think about having another floor. At the back of the house there is already the first floor with 3 more rooms, bedrooms and kitchen.

There are several possible solutions: a large house, two smaller and independent houses or the extension and transformation into some tourism project. An investment to consider in a booming city and a very good deal.

Amenities

• Old house to refurbish
• In the town center
• Large offer of great restaurants
• The best fish and vegetable market in the Algarve
• City in full development
• Possibility of expansion of the construction area

Location

• Quiet, safe and private
• 1 km from the ocean
• 1 km from the beach
• 6 km from golf courses
• 10 km from the international airport