Description
This 262sqm villa presents an exceptional opportunity for those seeking a property with unique features, generous spaces, and significant appreciation potential. Spread over two floors, it comprises nine rooms, including three designed as bedrooms, two spacious living areas, and a terrace on the upper floor, offering the perfect outdoor space to enjoy the region's mild climate.
Being in need of renovation, this property offers tremendous potential to be transformed into a truly exclusive residence, allowing for a restoration that preserves and enhances its original architectural elements, such as the elegant arches and traditional details that add character and charm. The versatile layout provides an opportunity for a personalized project, seamlessly blending historic architecture with modern comfort.
Located in a privileged area, close to the sea and the stunning beaches of Ria Formosa, this property is ideal for those seeking an exclusive investment, whether as a private residence, a tourist accommodation, or a refined rehabilitation project. Just minutes from the best marinas, restaurants, traditional markets, and high-end services, this villa perfectly balances authenticity, seaside proximity, and convenience, making it a rare opportunity in the vibrant center of Olhão.
Distances to Key Points of Interest:
Beaches:
3 km - Praia da Ilha da Armona
4 km - Praia da Ilha do Farol
5 km - Praia da Ilha da Culatra
9 km - Praia de Faro
Healthcare:
1 km - Olhão Hospital
10 km - Private Hospital of Gambelas (HPA Saúde)
10 km - Faro Health Center
Supermarkets & Shopping:
0.5 km - Olhão Market
1 km - Pingo Doce Olhão
1.5 km - Lidl Olhão
2 km - Continente Olhão
Shopping Centers:
10 km - Fórum Algarve (Faro)
30 km - MAR Shopping Algarve
Sports & Leisure:
1 km - Olhão Marina
2 km - Real Marina Spa & Health Club
4 km - Ria Formosa Natural Park
10 km - Holmes Place Gym Faro
12 km - Pinheiros Altos Golf Course (Quinta do Lago)
International Schools & Private Universities:
9 km - São Lourenço International School
10 km - University of Algarve (Gambelas Campus)
Nightlife & Entertainment:
0.5 km - Pura Club Olhão
10 km - Columbus Bar (Faro)
11 km - Castelo Bar (Faro)
Transport & Access:
1 km - Olhão Train Station (connections to Faro, Lisbon, and Porto)
10 km - Faro International Airport
1 km - Access to N125
10 km - Access to A22 (Via do Infante - connection to Spain and Lisbon)
This is a rare opportunity to acquire a property with unlimited potential in one of the most authentic areas of the Algarve, where tradition and the sea come together to create an exclusive and sophisticated lifestyle.