Charming and Spacious Villa with Traditional Algarve Architecture – Heart of Olhão
This expansive property offers the perfect blend of traditional Algarve charm and modern living, ideally situated in the heart of Olhão, just a 2-minute walk from the Algarve Outlet shopping center and local amenities. With its prime location and generous outdoor space, this home is perfect for families or as a unique investment opportunity.
Property Features:
Five Bedrooms: Spacious and filled with natural light, offering comfort for large families or potential guests.
Two Large Living Rooms: Perfect for entertaining and family gatherings.
Spacious Kitchen: Fully equipped and ideal for preparing meals for family or guests.
Three Terraces: Offering plenty of outdoor space to enjoy the Algarve’s sunny climate.
Outdoor Leisure Area: The property features a beautifully landscaped garden with fruit trees, a barbecue, a wood-fired oven, and a small support kitchen. There’s ample room to build a swimming pool if desired.
Prime Location The house is conveniently located near all essential services, including a minibus stop just outside the property, making it easy to navigate the local area.
Investment Potential This property is perfect for a family home, but it also offers tremendous potential for commercial use, such as a local accommodation project, hostel, or retirement home.
Land Opportunity The property is currently being subdivided into two plots:
625 m² for the house
966 m² available for separate sale
There is also the option to acquire the entire 1,591 m² plot for €2.2 million.
Don’t miss this rare opportunity to own a versatile property in one of the Algarve’s most desirable locations. Contact us today to schedule a viewing!
THE MAGNOLIA PROPERTIES Connecting extraordinary people with exceptional homes.