House, Olhão Baixa, Olhão

Building for Renovation in the Historic Centre of Olhão | High Investment Potential An excellent opportunity for investors seeking a renovation project in one of the most sought-after areas of the Algarve. Situated on the iconic Rua do Comércio, in the heart of Olhão’s historic centre, this freehold building offers enormous potential for residential, commercial or tourism development, benefiting from a prime location and growing demand in the region. The building requires full refurbishment. This presents an opportunity to develop a fully bespoke project, tailored to the demands of the current market. With a total area of 170.65 m², the property is spread over two floors and features a versatile layout that allows for a variety of usage options. Layout of the property: • Ground floor with 5 rooms; • First floor with 8 rooms and access to a terrace; • Rooms suitable for independent use, notably a unit on the first floor with 139 m² of gross private area.