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Algarve, Olhão, Portugal

€527,000
Casas Do Sotavento, Faro
PROPERTY TYPE

Plot

SIZE

8,503 sq ft

790 sq m

Key features

  • Near city center
  • Near green areas
  • Bedrooms: 0
  • Near school
  • Near public transportation

Description

Plot for construction of a 3-storey building in the heart of downtown Olhão, just a few metres from the marina and the piers for boarding to the islands. A prime location, surrounded by traditional shops, restaurants and authentic Algarve life, with great potential for appreciation!

Project Features:

9 modern apartments with areas ranging from 76m² to 143m².

Various types: 1 1-bedroom, 4 2-bedroom and 4 3-bedroom apartments - perfect for families, couples and investors.

9 garages in boxes, ensuring comfort and practicality for future residents.

ARU Zone (Urban Rehabilitation Area): tax benefits and incentives for rehabilitation, making this an even more attractive project.

Strategic Location:

A few minutes from the Olhão marina and with easy access to the piers for boarding to the islands.

Surrounded by local shops, traditional restaurants and with all amenities within reach.

Growing area, ideal for both tourist rentals and permanent residences.

Why invest?

Olhão is increasingly sought after by tourists and residents, with a booming real estate market.

Potential for appreciation in the medium/long term, especially with the increase in tourism and the revitalization of the area.

The project is ready to move forward, with an approved architectural design and tax benefits from the ARU.

Contact us for more information!
Energy Rating: Exempt
#ref:CS-LOTP-93851

Algarve, Olhão, Portugal

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Casas Do Sotavento, Faro

The Casas do Sotavento real estate company was founded in 2000 with the aim of being the leading real estate agency in the eastern Algarve. We stand out for our commitment to technological development, being present in around 220 national and foreign portals and personal pages. We provide a personalized accompaniment, we create solutions tailored to each client. We manage more than 2,000 properties from individuals, companies, banking and partnerships. All of our professionals guarantee strict management of mediation contracts and purchase and sale processes. Finally, we provide consultancy to all our clients, we also use modern and computerized means for business management.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Casas Do Sotavento, Faro (reference 283622_24190697) 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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