Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
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Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
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Mer et Demeures : Great selection of sea view apartments and seaside houses in France and abroad
house of 228 m²
1/30

house of 228 m²

HouseFor sale

Olhão, Algarve, Portugal

€500,000
Ref. 148934
Description
Urban land for investment in Baixa de Olhão - next to Cais We present a unique opportunity for investment in the heart of Olhão, one of the most authentic and constantly appreciated cities of the Algarve. Located just 200 meters from the Pier of Olhão, this urban land stands out not only for its excellent location, but also for its enormous development potential, whether for residential, tourist or commercial purposes. The land has a total area of ​​537 m², with 228 m² already built, where there are currently two large warehouses that can be kept for commercial, industrial or storage purposes. However, the true added value of this property is the possibility of building an apartment block, making the most of the potential of the area and responding to the strong demand for modern housing and well located in Olhão. It should be noted that, although there is no approved project yet, the responsibility of its elaboration and submission will be in charge of the buyer, thus allowing greater flexibility to adapt the venture to the intended purpose. The location could not be more strategic: situated in the downtown city of Olhão, an area in full transformation and with great attractiveness for national and international investors. Here is a few minutes walk from all essential services-local commerce, typical restaurants, supermarkets, schools, public transport, as well as the emblematic riverside and the Olhão market, recognized for their charm and authenticity. Proximity to the Cais also offers a unique advantage: quick and direct access to the islands of Ria Formosa, such as Armona, Culatra and Lighthouse, paradise destinations that make Olhão a reference in Algarve tourism. This feature makes the investment even more appealing to foreigners looking for a property with strong profitability potential, either through local accommodation, long -term lease or resale. With the growing real estate appreciation in the Algarve and the increasing demand for real estate in central and well located areas, this terrain represents a rare opportunity to acquire a versatile asset, with various exploration options and a privileged location. Whether it is to build a modern apartment venture, maintain the current use of warehouses, or explore new business in the area, this property brings together all the conditions for a safe investment with high valuation potential. Do not miss the opportunity to invest in the city that has gained more and more visitors and residents from around the world. Contact for more information and schedule your visit now. #ref: 148934
Features
Useful area (m²) :
228.00
Bedrooms :
0
Plot area (m²) :
537.00
Construction Year :
1951
Diagnostics
Energy Efficiency class
N.C.
Greenhouse gas emission
N.C.
Presented by
IAD Portugal SA
Av. da Boavista 934 Porto Portugal http://www.iadportugal.pt/
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