4 Bedroom Existing House

, , Portugal

Existing
4 bedrooms
€1,650,000

Olhão house

Interior: 212m²
Exterior: 110.46m²

Located in the heart of Olhão, this beautifully restored townhouse combines traditional charm with contemporary luxury. The four-bedroom plus one home features charming balconies, a private wine cellar, and a rooftop terrace ideal for entertaining. With 212 sqm of gross private area, this property offers a unique lifestyle in a vibrant location. Priced at €1,650,000, this property is a rare find, offering a blend of luxury and investment potential, perfect as a permanent residence, vacation home, or rental opportunity.

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ABOUT THE LOCATION

Situated in the picturesque town of Olhão, this townhouse offers the perfect blend of urban convenience and coastal charm. A short walk from the bustling markets, marina, and stunning views of the Ria Formosa, the property is ideally located to enjoy the best of Olhão. Known for its traditional white-washed buildings, fresh seafood, and proximity to Algarve’s islands, public transport links are also just minutes away.

About The Property

This beautifully restored townhouse spans three floors, offering four spacious bedrooms with ensuite bathrooms, plus an additional bedroom and two social bathrooms. It features charming outdoor spaces, including a converted old water tank transformed into a wine cellar. The first floor boasts three balconies, while the private rooftop terrace, complete with a bar and lounging area, provides stunning views. The property is sold mostly furnished, excluding artwork. Modern amenities such as air conditioning, solar panels, and a gas grill on the terrace ensure both comfort and sustainability.

Investment Potential

This property boasts significant investment appeal in one of the Algarve’s most authentic towns. Its established charm and modern renovations make it attractive to lifestyle buyers and investors alike. With a rooftop terrace, charming balconies, and luxury finishes throughout, this townhouse is designed to stand out in the market. A unique opportunity for those seeking a luxurious primary residence, vacation home, or investment property.

ADVISERS’ OPINION

"A beautifully renovated townhouse in a prime Olhão location, perfect for investment or living."

Why Invest

Offers a blend of modern amenities and historical charm, including a private wine cellar
Prime central location near Olhão’s markets and marina
Spacious rooftop terrace and inviting outdoor living spaces
Ready-to-live property with extensive renovations completed
Exceptional potential for appreciation in one of the Algarve’s most sought-after areas

Local Insights

5-minute walk to the famous Olhão seafood markets
Easy access to the Ria Formosa and Algarve’s islands
Quiet, traditional neighbourhood with modern amenities
Year-round demand due to local festivals and attractions
Excellent public transportation links, including bus and train stations

*Please note that the images used throughout are indicative or photographs of previous work from the same developer. Images may not be exactly representative of the property.

ENQUIRE ABOUT THIS PROPERTY

Reference Ref	Type	Bedrooms Beds	m²	Price	Interested?
AAAL5695	House	4	212 m²	€1,650,000

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