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Algarve, Olhão, Portugal

€1,190,000
IAD, Porto
PROPERTY TYPE

Block of Apartments

SIZE

2,368 sq ft

220 sq m

Description

Development consisting of 4 apartments in the historical center of Olhão, very well located close to all amenities.

The central location near all amenities is a major positive point, as many people value the convenience of having shops, restaurants, and services nearby.

The variety of apartments, ranging from T1 to T2 Duplex, is excellent as it can attract different types of tenants or buyers, from couples to larger families.

Comprising 4 apartments, with the possibility of creating an individual garage, currently featuring a pantry for stock storage and an office with an external bathroom.

Storage spaces, such as the stock storage pantry and the office, are useful features that can attract investors or owners looking to use the spaces for commercial activities.

On the ground floor:

T1 with an open kitchen to the living room, a en-suite bedroom with private bathroom.
T2 with an open kitchen to the living room, a common bathroom for the two bedrooms.
On the 1st floor:

Duplex T2, on the lower level of the apartment you can find a living room, a common bathroom for the two bedrooms, and two spacious bedrooms. On the 1st floor, you will have the kitchen with a large terrace of 60 m2 with barbecue, leisure area, and jacuzzi.
Duplex T2, on the first floor, we find the living room with an open kitchen, the two bedrooms, and a common bathroom. On the first floor, you will find a terrace with leisure area, barbecue, and jacuzzi.
All apartments benefit from plenty of natural light, they are all furnished and equipped, and have air conditioning in all rooms. Ready for profitability.

The spacious terraces with leisure areas, barbecue, and even a jacuzzi are certainly an interesting feature. These outdoor spaces provide opportunities for relaxation and entertainment for residents, potentially increasing the appeal of these apartments.

The inclusion of furniture and equipment in each apartment with its own theme is an advantage, making them ready to live in or rent, which can attract tenants or buyers seeking convenience.

The mention that the apartments are ready for profitability is a strong selling point for potential investors, as it suggests the possibility of immediate financial return through rental or resale.

Overall, this seems to be a great real estate investment opportunity, especially due to the prime location, variety of apartments, and attractive features they offer.

Don't miss this opportunity.

Distance from Faro Airport: 15 km
#ref: 101522

Algarve, Olhão, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    7.1 miles
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 101522) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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