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"SOLD" banner on a bright, modern home with arched glass doors opening to a kitchen and dining area. A small pool is in the foreground.

Stunning Townhouse in Olhão with Historical Charm

Price on request
  • 3 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • ~155 m² Total surface
  • ~121 m² Living area
  • ~94 m² Plot surface

Description

Located in the heart of Olhão, this remarkable property was transformed from an old canning factory and fish warehouse into a stunning modern townhouse in 2019. Seamlessly blending traditional charm with contemporary design, this home captures the essence of southern city living. Elegant and Airy Design This two-story townhouse features 2 spacious bedrooms with en-suite bathrooms, offering ultimate comfort and privacy. The high-ceilinged rooms of the former warehouse create a bright, open, and relaxed atmosphere. On the ground floor, an open-concept living area integrates a sleek, modern kitchen equipped with premium SMEG appliances. The space opens onto a delightful internal patio, bathed in natural light, and designed with a Moroccan-inspired aesthetic. Complete with a plunge pool, ideal for moments of tranquility and relaxation. Expansive Outdoor Spaces A spiral staircase leads to the large rooftop terrace, offering breathtaking views of Olhão’s historic center. This is the perfect spot to enjoy warm summer evenings or entertain guests. Renovated with Quality and Style The property’s renovation preserves its historical charm while incorporating contemporary comforts. Features include: -Double-glazed wooden windows for energy efficiency. -Traditional Santa Catarina tiles for a touch of authenticity. -Modern finishes and thoughtful design throughout. Investment Opportunity with High Profitability This property is not only a dream home but also a smart investment. With a profitability rate of 11%, it’s ideal for those seeking a rental income or a long-term value increase. The Soul of Olhão Set in a pedestrian zone in Algarve’s largest fishing port, this home is surrounded by the rich culture, vibrant markets, and fresh seafood that make Olhão truly unique. Engel & Völkers Faro-Tavira is at your service to provide more information or arrange a private viewing. Contact us today to discover the unmatched potential of this exceptional property. Don’t miss the chance to own a piece of Olhão’s charm!
Features
Air-conditioningBuilt-in kitchenPatioSea/Lake viewSecurity systemSwimming poolFireplaceFurnished
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Engel & Völkers Faro-Tavira

Your advisor: Luis Marçalo

Property ID: W-02Y1S2

Property details
  • Object type

    Villa

  • Rooms

    3

  • Bedrooms

    2

  • Bathrooms

    2

  • Number of Floors

    2

  • Total surface

    ~155 m²

  • Living area

    ~121 m²

  • Plot surface

    ~94 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1988

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Olhão, Faro District

This superb property is located right in the town center of Olhao; a municipality with a strong fishing tradition and a deep emotional connection to the Ria Formosa. The town has a new seaside promenade area, a marina and a recreational port with private mooring as well as ferries/water taxis that make daily crossings to the beautiful islands of Armona, Culatra and Farol. Olhão is famous for its fresh fish and high-quality sea food market as well as for open-air markets selling local products and there are many fine-dining restaurants. In this municipality is Quinta de Marim, known for its work in preserving all kinds of natural species from the Ria Formosa Natural Park. In addition to restaurants, this city offers a wide range of services and amenities such as public and private schools, the International Clinic of Olhão, Ria Shopping Mall, pharmacies, banks, bus and train stations as well as public swimming pools. In recent years Olhão has been discovered by many foreigners and chosen by artists looking to establish their studios. The municipality comprises the parishes of Olhão, Pechão, Quelfes, Moncarapacho and Fuseta. With a history closely tied to the canning industry, Fuseta is now highly sought after by water sports enthusiasts, including sailing, windsurfing and kitesurfing. Olhão is a 10-minutes’ drive from the Colina Verde Golf Course, has easy access to the A22 highway (Via do Infante), and is located approximately 20 minutes from Faro International Airport.

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