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COMMERCIAL

Algarve, Olhão, Portugal

€500,000
Vip Algarve Property, Albufeira
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • Total area: 395 sqm

Description

Old warehouse with 2 floors and 790 m2 of gross area, located in the heart of the city of Olhão.

The building needs full recovery and has a project for its conversion into a housing building of 4 floors, with the following characteristics:
Floor 0 – intended for the construction of 9 garages in box and 1 T2 apartment.
Floor 1 – for construction of 2 T2 apartments and 1 T3 apartment.
Floor 2 – for 3 apartments (1 T1, 1 T2 and 1 T3).
Floor 3 – intended for the construction of 2 apartments T3.

The location of this building, in the heart of downtown, is in itself synonymous with quality of life.
Nearby you will find several local shops, restaurants, cafes with sunny terraces, and you can also enjoy some cultural spaces and the riverside area, with all its dynamics so characteristic.

Excellent investment opportunity in a place with guaranteed profitability.

For more information or to schedule a visit, please contact us.

REF: VCO248

Algarve, Olhão, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

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

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Vip Algarve Property, Albufeira

Avenida Dos Descobrimentos Apart. Lopes Loja A 8200 - 260 - Albufeira

Welcome to VIP Algarve Property where the properties and services are first class and our client's needs are our top priority.

Our professional staff knows and understands what it is like to purchase a new home in a new country, as we have all done it ourselves, this is why, unlike other agencies which aim purely at selling property, our aim is to make sure that our clients are fully informed about the whole buying process.

By offering a continued personalized service, legal advice and multilingual staff available at all times, at VIP Algarve Property we want our clients to feel that they do not have to worry about purchasing property overseas.

Based on a deep knowledge of the local market and a keen sense of good quality properties we can assure you that we will provide you a varied assortment of properties to choose from and view which is why we advise you to take a little time to browse through the properties within our website and compile a list of favourites.

We will be delighted to discuss and show you any property you choose to view.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Vip Algarve Property, Albufeira (reference 138050_VCO248) 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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