Description
Versatile Villa with Potential for Hostel, Local Accommodation, Senior Residence, or Family Home
Comprising five bedrooms, two spacious living rooms, a large kitchen, and three terraces.
It is just a 2-minute walk from Algarve Outlet shopping mall and all essential services and amenities. A minibus stop is right at the doorstep.
This spacious villa, located in a strategic area of Olhão, is an excellent opportunity for those seeking a secure and versatile investment. With large spaces and a functional layout, the property offers multiple transformation possibilities, whether for a modern hostel, a high-quality senior residence, or a comfortable family home.
Another key advantage of this property is its location. Situated right by a shopping mall and several essential services, such as pharmacies, supermarkets, and public transport, this villa ensures a practical and convenient daily life for residents or guests.
Olhão, a city undergoing significant growth and development, is currently one of the most sought-after locations in the Algarve for tourism and permanent residence. With an expanding economy and a growing demand for alternative accommodations and care facilities, this property has the potential to become a successful and profitable business venture.
Furthermore, its proximity to the Ria Formosa and idyllic beaches makes this location highly attractive for tourists, families, or seniors seeking peace and quality of life.
Don't miss the opportunity to invest in one of the Algarve’s most dynamic cities. Whether to live or to invest, this villa is an excellent choice.
The land is being divided, with 625m2 allocated for the villa and 966m2 to be sold separately.
The entire 1,591m2 plot can also be acquired for 2.2 million euros.
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