Olhão, Faro 8700

Unique investment opportunity in Olho!We present a 2-bedroom villa with great potential for development, located in the heart of Olho, ideal for those looking for an investment project or for permanent housing. This property offers a total gross area of 85 m without balconies, with 61 m of usable area.Features:First Floor: One bedroom with direct access to a 21 m terrace, perfect for leisure time or for creating a cosy outdoor space.Expansion Potential: The villa offers the possibility of adding another floor by building a rooftop. To do this, a project must be submitted to Olho Town Hall for approval, guaranteeing an excellent opportunity for personalisation, beautiful Ria views and enhancement of the property.Location:Located in a quiet area, but close to all essential services, restaurants and local markets, the villa has the advantage of being a 1-minute walk from the riverside area and Olho's marvellous beaches.This is the ideal opportunity for those wishing to restore and adapt a property to their liking, with great potential for profitability!Book your visit now and discover your new dream project!For more information, get in touch now! ref: 132264