Unique Traditional House in the Heart of Olhão

€420,000

8 Rooms
4 Bedrooms
4 Bathrooms
166 m² Total surface

Description

Located in the vibrant downtown Olhão, this charming traditional house spans three floors, offering flexible living spaces and timeless elegance. The property combines authentic architectural details with functional layouts, creating an ideal choice for those seeking a home full of character and potential in one of the Algarve’s most picturesque towns. Property Highlights This 4-bedroom home is designed to maximize both comfort and entertainment, featuring: -Two separate entrances: a south-facing main entrance leading to a grand lobby and a smaller room, and a rear entrance with direct access to the upper floors. -A bright and spacious kitchen on the ground floor, accompanied by a bathroom and a versatile hallway space. -A first-floor reception room with soaring ceilings and French doors opening to a sunny southern outlook, filling the space with natural light. -Additional rooms and a bathroom on the first floor, with a veranda and a staircase leading to the upper level. -A large sunlit room on the top floor, opening onto a private south-facing terrace, perfect for outdoor relaxation or entertaining guests. -A second rooftop terrace offering breathtaking panoramic views across Olhão and the ocean beyond. -A third outdoor space at the rear of the property, providing further opportunities to enjoy the Algarve’s mild climate. Traditional Charm Meets Modern Potential The current owner has thoughtfully preserved many original architectural features, such as high ceilings, French doors, and intricate design elements, which add to the property’s historic allure. Whether used as a family residence, a vacation home, or a boutique rental, this house offers significant potential for customization to suit your lifestyle. Prime Location in Downtown Olhão Situated in the heart of Olhão’s historic center, the property is steps away from its famous fish market, restaurants, and charming cobblestone streets. Enjoy the convenience of urban living while being just minutes from the coastline and the Ria Formosa Natural Park, a paradise for nature lovers and beach enthusiasts alike. Don’t miss this unique opportunity to own a traditional townhouse in one of the Algarve’s most sought-after locations. Contact the team at Engel & Völkers Faro-Tavira today to arrange a viewing and make this exceptional property yours.

Features

BalconyTerraceOpen view

Engel & Völkers Faro - Tavira

+351 938 533 413

Your advisor: Marta Jesus

Property ID: W-02XY03

Location: Olhão, Faro District

This superb property is located right in the town center of Olhao; a municipality with a strong fishing tradition and a deep emotional connection to the Ria Formosa. The town has a new seaside promenade area, a marina and a recreational port with private mooring as well as ferries/water taxis that make daily crossings to the beautiful islands of Armona, Culatra and Farol. Olhão is famous for its fresh fish and high-quality sea food market as well as for open-air markets selling local products and there are many fine-dining restaurants. In this municipality is Quinta de Marim, known for its work in preserving all kinds of natural species from the Ria Formosa Natural Park. In addition to restaurants, this city offers a wide range of services and amenities such as public and private schools, the International Clinic of Olhão, Ria Shopping Mall, pharmacies, banks, bus and train stations as well as public swimming pools. In recent years Olhão has been discovered by many foreigners and chosen by artists looking to establish their studios. The municipality comprises the parishes of Olhão, Pechão, Quelfes, Moncarapacho and Fuseta. With a history closely tied to the canning industry, Fuseta is now highly sought after by water sports enthusiasts, including sailing, windsurfing and kitesurfing. Olhão is a 10-minutes’ drive from the Colina Verde Golf Course, has easy access to the A22 highway (Via do Infante), and is located approximately 20 minutes from Faro International Airport.

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.