Algarve, Olhão, Portugal
- PROPERTY TYPE
House
- BEDROOMS
1
- BATHROOMS
1
- SIZE
418 sq ft
39 sq m
Key features
- Moradia
- Algarve
- Usado
- Precisa de obras
- Exclusivo
- Zona sossegada
- Terraço
- View : Obstructed, City
- Orientations : East South-west
- Internet
Description
The property is currently let under a tenancy agreement dating from before 1990, with tenants aged over 70.
This situation entails specific legal protections and must be carefully considered in the context of any purchase.
Unique opportunity in the heart of the traditional and highly sought-after Barreta neighborhood in Olhão!
Charming 1-bedroom townhouse with traditional character, located in one of the most authentic areas of the city, just a short walk from the Ria Formosa, markets, and historic center.
The property comprises:
Living room
Kitchen
1 bedroom
Bathroom
Storage area
Access to rooftop terrace
The house also features a rooftop terrace, perfect for creating a leisure area, outdoor dining space, or simply enjoying the Algarve’s sunny climate.
Important:
The property requires renovation works, offering an excellent opportunity for full customization, whether as a permanent residence, holiday home, or investment.
Current situation:
The property is currently rented, with a monthly rent of €60, and this condition must be considered in any purchase.
Located on a typical and quiet street, with easy access and parking nearby, this is a great opportunity to acquire a property with character in one of Olhão’s most desirable areas.
Key features:
Prime location in Barreta
Rooftop terrace
Strong appreciation potential
Ideal renovation project
Don’t miss this opportunity to invest in one of the Algarve’s most authentic neighborhoods!
Algarve, Olhão, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)6.7 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 86924008) 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.