Olhão, Faro 8700

This property is leased under a lifetime contract! Whoever purchases the apartment must respect the lease agreement.This apartment, located on Av. Joo Vi near Ria Shopping and in need of renovation, has been rented since 1970.It is situated on the ground floor of a building constructed in 1967, with three floors and a total of six units. The sun exposure is east/south, and it features two bathrooms (one converted into a laundry room), three bedrooms, a living room, and a kitchen with an exterior door.It is important to emphasize that whoever purchases the apartment must comply with the existing lease agreement.Contact me for more information or to schedule your visit!About Olho:The municipality of Olho has been growing steadily due to its central location in the Algarve, close to Gago Coutinho International Airport and Faro District Hospital. Here, you can enjoy the finest restaurants along the Algarve coast with views of the famous islands of Armona, Culatra, and Farol. Additionally, the Ria Formosa Natural Park offers nature enthusiasts the opportunity to enjoy cycling or walking with their family while experiencing the best nature has to offer.About iad Portugal:Founded in France in 2008 and established in Portugal in 2015, iad emerged from an innovative model that expands the traditional real estate agency concept, fostering a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties, and successful transactions.iad is a network of independent real estate consultants based on a fully innovative model that breaks away from the traditional real estate agency concept. What does the 21st-century client look for when buying, renting, or selling a property? They seek a comprehensive, straightforward, and competitive service. ThatS exactly what we offer at iad.Our consultants come to you, equipped with the latest industry training and exclusive tools to provide you with the best service wherever you are. We offer our consultants the flexibility and autonomy needed to guarantee personalized support throughout every stage of your project, whether its buying, renting, or selling a property.At iad, youll find a real estate consultant tailored to your needs. Iad is a dynamic digital real estate agency built on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring personalized support at every stage of the process and delivering quality service at the best price.At iad, we share 50/50 with all agencies. ref: 132603