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Algarve, Olhão, Portugal

€330,000
Russell & Decoz, Moncarapacho
PROPERTY TYPE

Town House

BEDROOMS

3

BATHROOMS

1

SIZE

797 sq ft

74 sq m

Key features

  • 3 bedrooms
  • House area: 74 sqm
  • 1 bathrooms
  • Construction year: Pre 51

Description

This charming 3 bedroom townhouse for sale in Olhão is ideally located in a quiet pedestrian-only street in the centre of town. Combining traditional character with modern updates, this beautifully renovated multi-level property offers an excellent opportunity for a permanent residence, holiday home, or Algarve investment property.

Property Overview
Originally constructed pre-1951 and thoughtfully modernised over the years, this attractive townhouse blends authentic Algarve architecture with contemporary interior.

While no floor plan is available, the layout is arranged as follows:
• Ground Floor:
Entrance hallway from the street, one bedroom, and a modern family shower room.
• First Floor:
Fully fitted kitchen with open-plan dining and living area — ideal for entertaining or relaxed everyday living.
• Second Floor:
Two additional bedrooms and access to a small private terrace.
• Roof Terrace:
External stairs lead to a generous private roof terrace offering beautiful sea views, city views, and coastal outlooks — perfect for outdoor dining, sunbathing, or sunset relaxation.

Key Features
• 3 bedrooms
• Renovated property
• Sea views from roof terrace
• Multi-level traditional townhouse
• Pedestrian-only central location
• Walking distance to shops, restaurants, marina, and markets
• Excellent lock-up-and-leave holiday home
• Strong rental investment potential

Prime Central Location in Olhão
Located in the historic heart of Olhão, with parking nearby - one of the most authentic towns in the Algarve, this property enjoys immediate access to all amenities. Traditional markets, waterfront restaurants, cafés, supermarkets, and ferry connections to the Ria Formosa islands are all within easy walking distance.

Once a traditional fishing town, Olhão is rapidly evolving into one of the Algarve’s most sought-after destinations, attracting international buyers seeking genuine Portuguese charm, excellent gastronomy, and strong property investment growth.
An Ideal Algarve Property Investment

Whether you are searching for:
• A permanent residence in the Algarve
• A holiday home with sea views
• A centrally located Algarve townhouse
• Or a rental investment property

the energy certificate may not represent the current improved condition of the house.
.
This renovated 3 bedroom townhouse in Olhão presents an outstanding opportunity.
Contact us today for more information or to arrange a viewing.


REF: HOME2494T

Algarve, Olhão, Portugal

Approximate location

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 Russell & Decoz, Moncarapacho

Ave Maria Lizarda Palermo, 43a Olhao Portugal

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Russell & Decoz, Moncarapacho (reference 251132_HOME2494T) 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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