3 photos

Stunning Spacious Townhouse in the Heart of Olhão

Faro-Olhão-Olhão
Ref: 86652828
€1.100.000
This expansive terraced house, located in the vibrant lower area of Olhão, has been meticulously renovated to the highest standards. With premium materials, it preserves the original charm of the property, featuring elegant details such as high ceilings and antique tiles carefully restored or reproduced. The property offers versatile living options: it can serve as a spacious four-bedroom family home with two living rooms, two kitchens and two bathrooms, or can be divided into two separate apartments with two bedrooms each, each with its own living room, kitchen, bathroom and two double bedrooms. The house has two separate entrances and a third one leading to a rooftop terrace larger than average with a charming watchtower (Mirador). From this vantage point, you can enjoy stunning views over the rooftops and nearby ocean. Bathed in natural light through large double-glazed windows and adorned with high ceilings, this house is both airy and inviting. It can be used as a large family residence or as an investment property. The current owners have successfully used it for tourist rentals, generating substantial annual income and receiving high online customer ratings—a profitable opportunity that can be continued by the new owner. Strategically located within walking distance of the fresh produce market, popular bars and top-class restaurants renowned for their seafood, as well as the ferry service to the islands of Armona, Culatra and Farol—each island features miles of golden sand beaches, lively bars and refined dining options. The train station is easily accessible and the airport is just twenty minutes' drive away,
Full description available for members
Please login or register to access the complete property description.
4
Bedrooms
2
Bathrooms
174
Area