980 000 €

Building in Olhão, OlhãoOlhão, Faro

174 m²
Energy efficiency

Building for sale

Building with Commercial and Residential Use in Central Olhão, with Terrace We present this three-storey urban building, located in the heart of Olhão, just a few minutes from the downtown area and the waterfront, surrounded by shops, services, and the vibrant atmosphere typical of the city. With a total construction area of 173.85 sqm, this property stands out for its versatility and strong investment potential. The building comprises: • Ground floor originally designated for commercial use, currently physically converted into a one-bedroom apartment (T1); • First and second floors for residential use, featuring a functional layout including living room, kitchen, two bedrooms, bathroom, and balconies; • Top floor with terrace and annex, offering a rare outdoor space in the city center, with potential for leisure area, storage, or even the creation of a studio. The property benefits from a usage license issued in 1991, ensuring legal compliance. ✨ Key Features: • Mixed-use building (commercial + residential) • Prime central location in Olhão • Terrace on the top floor • Potential for rental income by floors or units • Ideal for investment or renovation project This is the ideal property for those seeking a secure investment opportunity, with multiple possibilities for use and future appreciation. ;ID RE/MAX: 122881224-94

Details

Construction Year1991
Gross Area m²174
ElevatorNo
Private Gross Area m²174
Living Area m²174
GarageNo
Total Lot Size m²- -
Price m²5 632 €
Floor- -

Location

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Mortgage Simulator

REMAX Sun
Portimão, Faro
AMI 12206
JS
Joana Sousa

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Origin Listing reference:id. 122881224-94
Publishing date:
Last Update: