APP Real Estate
For sale

📍 Sítio de Gião, Olhão, Algarve, Portugal

2-Bedroom House for Sale in Olhão, Algarve, Portugal

€98,500

Overview
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 77 m²
  • Price: €98,500
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Description

A renovation project with real upside in the Algarve: a traditional Algarve house in the area of Giao, Moncarapacho. It represents a strategic entry into the market for anyone wanting to build a home to their own measure, combining the calm of the countryside with proximity to the coast.

Project potential

Extended area:

The current 77 sqm structure allows, according to a preliminary study, an extension to approximately 90 sqm of total area over two floors.

Approval history:

The property has a history of a project approved by the municipal council (now expired), which makes the feasibility analysis easier and speeds up new licensing.

Suggested layout:

Floor 0:

Living room, kitchen, bedroom and bathroom.

Floor 1 (set back):

Additional bedroom, bathroom and a private terrace, maximising use of the outdoor area.

South-facing:

Excellent orientation, ensuring thermal gain and natural light throughout the day.

Location and access In a quiet area with straightforward logistics and quick access: 2 km from the centre of Moncarapacho (services and shops). 4 km from Fuseta beach (five minutes by car). 11 km from Olhao Marina. 29 km from Faro Airport.

This property is offered under an exclusive mandate.

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