Commercial for sale in Olhão, Portugal

Seize this opportunity to acquire a residential apartment building comprising four units located in Olhão, one of the Eastern Algarves most distinctive and intriguing cities. Famous for its whitewashed cubist-style houses, narrow streets, and flat-roofed buildings reflecting Moorish influence, Olhão boasts unique architectural identity and charm that captivates visitors. Conveniently positioned approximately 20 minutes from Faro International Airport, this traditional 1970s town building comprises seven bedrooms, four bathrooms, and a total area of 161 square meters. The current configuration offers versatile and modern accommodation arrangements with one T1 apartment and three T2 apartments, presenting potential for profitability. The property features secure parking in the garage and reflects Olhãos traditional Algarvian heritage with subtle Moorish influences in its architecture and décor. Contemporary amenities include air conditioning, double glazing, and terrace with hot tub, ensuring comfort throughout the year. Its central location provides easy access to the beach and amenities within Olhão. Public transport is also convenient, with a nearby bus stop and railway station facilitating travel within the town and beyond. There are also regular boat trips from the Olhão docks to the stunning Ria Formosa islands, for a unique beach experience. The bustling fish market, a short stroll away, offers a real taste of authentic local life. In town, Olhão';s dining scene is heavily shaped by its rich fishing heritage although a wide range of modern dining options are available, from wine and tapas bars to flavourful international cuisine. Nature enthusiasts will appreciate nearby outdoor spaces such as the local Leisure Park and Miguel Torga geriatric park, as well as having the glorious Ria Formosa lagoon system and barrier islands on the doorstep. Don't miss this opportunity to invest in unparalleled coastal living in one of the Algarve's most unique cities.