Investment opportunity in a building in the historic centre of Olhão, located on Rua 18 de Junho. This freehold building features an original period façade covered with vibrant blue tiles in the historic area of Olhão, with a total of 350 m' of built area. It is ideal for those looking for a refurbishment project for tourism or residential use. On the ground floor there are 3 shops, one of which is a refurbished and rented tattoo parlour, and two additional units totalling 150 m?, plus a covered patio of around 50 m2 with the potential to be converted into parking with direct access to the shops. On the first floor there is an apartment with the original historic character, with approx. 150 m?, offering 5 bedrooms and 1 bathroom, as well as a covered area that can be opened up to create an outdoor space. It offers a versatile layout that can be adapted either for residential investment or commercial use. The generous interior areas allow for a wide range of design options, making this property perfect for a hotel-type commercial project or a large family home. Located in Olhão, this historic property benefits from good access to local amenities, including markets, restaurants and stunning beaches on the nearby islands. Do not miss the chance to bring this property back to life - book your visit today.