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Algarve, Olhão, Portugal

£605,430
€700,000
eXp Realty, Portugal
PROPERTY TYPE

House

BEDROOMS

1

SIZE

3,843 sq ft

357 sq m

Key features

  • Prédio
  • Armazém
  • Garagem
  • Imóvel para reabilitar
  • Algarve
  • Centro urbano
  • Investimento
  • Precisa de obras
  • Boa relação qualidade/preço
  • Novo em carteira

Description

In the vibrant heart of Olhão, emerges this old carpentry with housing, full of history, character and almost unlimited potential. With a total area of 357m² and a typical Olhão façade — those that give identity and authenticity to the city. This property is a true blank canvas.

Here, you have two possible visions… and both are powerful.

On one hand, a strategic investment opportunity, with municipal feasibility for construction up to 5 floors, ideal for developing a residential or tourist project with strong profitability, in an area where demand keeps growing.

On the other hand, something even rarer: the possibility of giving life to a truly unique loft. A spacious space, with a generous ceiling height, natural light, and industrial character, where you can create a one-of-a-kind home, those that are not found, but made.

The location? Simply impeccable.
A few steps from everything that makes Olhão vibrant: local commerce, restaurants, marina, and access to the islands, ensuring an authentic environment and continuous appreciation.

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 eXp Realty, Portugal

eXp Europe is redefining estate agency by offering a smarter, more connected way to buy and sell property. Operating across multiple countries—including the United Kingdom, France, Germany, Italy, Spain, Portugal, Greece, Poland, and more—we provide seamless access to international property markets.

With a network of experienced agents working collaboratively across borders, we make it easier than ever for buyers and sellers to navigate property transactions, whether moving locally or relocating internationally. Our cloud-based model ensures that clients receive expert guidance, real-time market insights, and personalized service—without the limitations of traditional offices.

At eXp Europe, we combine cutting-edge technology with local expertise to deliver a more efficient, transparent, and stress-free experience for our clients. Whether you're buying your dream home, selling a property, or investing in new opportunities, our agents are here to help—wherever you are.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by eXp Realty, Portugal (reference 86965386) 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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