Olhão (Algarve), Faro (Algarve) 8700-364, Portugal

MLS#: C0454-00071

$520,144 USD

€499,000 EUR

Bedrooms
4
Bathrooms
3
Home/Lot size
148m²
The details

Property features

Date Updated: Dec 4, 2024

Construction details

Year built
1987

Area

Property size
148m²
Bedrooms
4
Bathrooms
3
Total rooms
7

Description

Unmissable Investment in the Heart of Olhão – Unique OpportunityIn the heart of Olhão, just steps away from the traditional markets and the charming seafront, we present an exceptional property consisting of two independent apartments, each with a separate entrance on different streets. An ideal opportunity for those seeking a secure investment or a multifunctional residence.Ground FloorModern T1 apartment, fully furnished and equipped, featuring a kitchen, living room, bedroom, and a spacious bathroom. The apartment also offers a private patio, perfect for enjoying the wonderful Algarve climate. With a short-term rental license (AL), it is highly rated on major tourist platforms. Additionally, there is a large laundry room equipped with professional washing and drying machines.There is an internal staircase that connects the ground floor courtyard to the exterior of the first floor, allowing for easy management of the short-term rental license (AL).First FloorRecently renovated T2 apartment, maintaining the typical characteristics of Algarve architecture. It includes two bedrooms, each with access to a balcony, a spacious living room with a fireplace, a large kitchen with a pantry, and a bright dining room. Perfect for those seeking space and tranquility in the city center, with cafés, supermarkets, and restaurants nearby, all within walking distance.Second FloorA stunning furnished terrace with panoramic views over the white rooftops of Olhão, ideal for outdoor dining and relaxing moments. This floor also features a small suite with a private bathroom, currently used as an office and guest room. There is also an outdoor kitchen and solar panels for water heating.Key Investment FeaturesPool with 360° views of the city and Ria Formosa.High income potential thanks to the AL license and central location.Comfortable residence with spacious living areas and leisure zones.Excellent reviews and high tourist demand.A unique opportunity to invest in one of the most charming cities in the region. Don’t miss the chance to live in the center of Olhão, share the beauty of the Algarve with others, and make a secure investment.Contact us for more information or to schedule a visit.

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Location

Olhão (Algarve), Faro (Algarve) 8700-364, Portugal
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