Olhão, Faro, Address available on request

Details :- Reference: FCBA-T1340. Located in Olhão.<br />For sale is this exceptional townhouse for renovation conveniently located in the old center "Baixa" of Olhão, just a few steps from the market and the beautiful Ria Formosa.  The renovation project has been recently approved by the Olhão town hall.<br /><br />Featuring beautiful stone walls, high and typical vaulted ceilings and a rooftop terrace with magnificent views overlooking the old town and the islands.<br /><br />Being located in the ARU (Area de Reabilitação Urbana) it's eligible for certain fiscal benefits after renovation.<br /><br />The project involves a house with a 133m2 building area comprising of living space on two floors and a mezzanine plus outside space with an inner courtyard of 14,65m2 and a rooftop terrace of 60m2. On the rooftop is projected to come a plunge pool.<br /><br />Lay-out of the project:<br /><br />Ground floor with a living area of 56m2 and inner patio of  14,65m2.<br /><br />First floor and mezzanine with 2 bedrooms and 2 bathrooms of 77m2.<br /><br />Rooftop terrace of 60m2 and a plunge pool of 4.80m2.<br /><br />Olhão is a traditional and characterful fishing town in the Eastern part of the Algarve.<br /><br />The town has a very pretty waterfront with the islands of Armona and Culatra closeby, a busy fishing harbour and a maze of pleasant cobbled back streets in the fisherman's quarter.<br /><br />A rare opportunity!<br /><br /> <br /><br /> <br /><br />