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₪ 1,882,000

Luxury apartment complex for sale in Olhao, Olhão, Distrito de Faro

₪ 1,882,000
216 m²

Description

In the heart of Olhao, where the charm of tradition meets modernity, a rare opportunity is born.

Two ruins, loaded with history and potential, await the next chapter of your life or your next big investment.

The project is already approved and ready to move forward: a residential building with contemporary lines, spread over three floors with basement and roof.

The architecture was designed to unite functionality and elegance, creating a space that stands out in the urban centre.

The building includes three shops in the basement, five T1 apartments and two T2 apartments, ideal for own housing, long-term rental or tourist accommodation.

The properties are located in a quiet area, but with everything close by: shops, schools, public transport and the main access roads. A place that combines convenience and quality of life, where every detail values the investment.

With excellent sun exposure, a project already validated by the City Council and the growing interest in the real estate market in Olhao, this is a solid opportunity to rehabilitate and monetise in one of the most promising destinations in the Algarve.

Key highlights:
* Two ruins registered with independent urban article;
* Project approved by the City Council;
* Total land area: 262.15 m²;
* Approved construction area: 216 m².

Here, the past comes to life and the future begins to be built today.

Schedule your visit and find out how to turn this opportunity into profitability and lasting value.
Energy Rating: Exempt

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Details

External size:
262 m²
Size:
216 m²
Address:
Olhao
Reference:
PREPN001
Status:
To be restructured

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Position