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Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 1Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 2Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 3Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 4Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 5Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 6Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 7Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 8Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 9Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 10Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 11Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 12Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 13Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 14Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 15Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 16Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 17Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 18Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 19Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 20Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 21Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 22Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 23Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 24Villa in Olhao, Faro District, Olhao - € 850,000 | Ref: SU-CS-MOR-944232 - photo 25

€ 850,000

€4,381 per m²

Villa in Olhao, Faro District

Added about 1 month ago

Bedrooms
5
Bathrooms
5
Build size
194 m²
Plot size
194 m²

Olhao, Faro District, Algarve, Portugal

Ville Investiment

Marketed by Ville Investiment

English spoken

About this villa for sale

In the heart of downtown Olhão, where Algarvian authenticity meets the blue of the sea, you will find this charming charming property, fully renovated, which perfectly combines the traditional character of the city with contemporary comfort and functionality.

Living here is to feel Olhão every day: walking through the streets of Baixa, discovering the local shops, restaurants and famous markets, and being just a few steps away from all the life of the city, with the sea always present as a backdrop.

The property consists of a main villa, spread over three floors, and a 1-bedroom independent annex, offering a particularly interesting combination of housing, privacy and monetisation potential.

Main Residence:
Ground floor: living room, kitchen, a bedroom en suite with access to a cosy interior patio and a service bathroom.
1st floor: two bedrooms, two toilets and an office.
2nd floor: an additional bedroom and access to the wonderful terrace.
Terrace: privileged outdoor space, with swimming pool and barbecue, ideal for enjoying the Algarve climate, relaxing or receiving family and friends.
Belvedere: one of the great highlights of the property, with a breathtaking view of the sea and all the surrounding city, creating a unique setting to contemplate the sunset.
Comfort: total and careful renovation, with double glazing and air conditioning.
Two independent entrances: allow a flexible use of the house, and can easily be divided into two distinct areas and enhance its profitability.

Independent Annex T1:
A fully autonomous space, which adds an extra dimension to the property and offers numerous possibilities of use, whether to receive guests in total privacy, or for monetisation through tourist or long-term rental.
Ground floor: living room and kitchen in open space concept, complemented by a bathroom.
1st floor: private bedroom with en-suite bathroom.
Exclusive rooftop: access via staircase to a private terrace at the top, perfect for enjoying the Algarve sun and relaxing outdoors.

A property with multiple possibilities

More than a house, this is a property designed to accompany different life projects. The main villa offers space, light, character and unique outdoor areas, while the independent annex adds privacy and an interesting income possibility.

A rare opportunity for those looking to live in the centre of Olhão, close to everything and the sea, in a property with a true Algarve identity, but also for those looking for an investment with high potential for profitability.

Key features

4 features

Pool
Outside
Terrace
Interior features
Double glazing
Energy & utilities
Air conditioning

Energy rating

Energy use
Grade D
CO₂ emissions
Grade D

A is the most efficient, G the least. A lower rating usually means higher heating and cooling bills.

Living in Olhao

Approximate location

Please ask Ville Investiment for more information about the location -

Airports

  • Faro airport, 11 km
  • Jerez airport, 161 km
  • Sevilla airport, 177 km
* Distance from the centre of Olhao

International schools

* Distance from the centre of Olhao

Expats and climate

Property market in Olhao

Apartments45%
Villas24%
Land15%
Commercial properties7%
Town houses7%
Other2%

What it costs

Purchase costs


€57,800
€4,250
€2,125
€17,000

This is based on market information for Olhao. Other potential costs include hiring an agent, surveyor fees, obtaining suitable identity documents and translation fees.

Total additional costs
€81,175*
Final cost of purchase
€931,175
* These cost of purchase details are to be used for the purposes of illustration only. It is not intended to be a substitute for professional advice which we always encourage you to obtain.:

Mortgage

About the agent

Ville Investiment

Ville Investiment

  • Speaks English and Portuguese
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