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₪ 2,764,200

Luxury apartment complex for sale in Olhão, Distrito de Faro

₪ 2,764,200
260 m²

Description

2-storey building with terrace - 7 bedrooms - 4WC - 2 kitchens - 2 living rooms - 2 balconies

Excellent building next to the Municipality of Olhao 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.

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Energy Rating: D

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Details

External size:
140 m²
Size:
260 m²
Energy Rating:
D
Reference:
EDI_94

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