Algarve‑inspired building: 357 m² in the centre of Olhão with potential for five floors

In the pulsating heart of Olhão stands this former carpentry workshop with dwelling, steeped in history, character and virtually limitless potential. With a total area of 357 m² and a typical Olhanense façade – those that give identity and authenticity to the city – this property is truly a blank canvas. Here you have two powerful possibilities… On one hand, a strategic investment opportunity with council approval for construction up to five storeys, ideal for developing a residential or tourist project with strong profitability in an area where demand continues to grow. On the other, something even rarer: the chance to create an absolutely distinctive loft. A spacious space with generous ceiling height, natural light and industrial character, where you can design a unique home that does not exist elsewhere but is created here. The location? Simply impeccable. Just steps from everything that makes Olhão vibrate – local shops, dining, marina and access to the islands – ensuring an authentic atmosphere and continuous appreciation.