Olhão, Faro

This 262m villa presents an exceptional opportunity for those seeking a property with unique features, generous spaces, and significant appreciation potential. Spread over two floors, it comprises nine rooms, including three designed as bedrooms, two spacious living areas, and a terrace on the upper floor, offering the perfect outdoor space to enjoy the region's mild climate.Being in need of renovation, this property offers tremendous potential to be transformed into a truly exclusive residence, allowing for a restoration that preserves and enhances its original architectural elements, such as the elegant arches and traditional details that add character and charm. The versatile layout provides an opportunity for a personalized project, seamlessly blending historic architecture with modern comfort.Located in a privileged area, close to the sea and the stunning beaches of Ria Formosa, this property is ideal for those seeking an exclusive investment, whether as a private residence, a tourist accommodation, or a refined rehabilitation project. Just minutes from the best marinas, restaurants, traditional markets, and high-end services, this villa perfectly balances authenticity, seaside proximity, and convenience, making it a rare opportunity in the vibrant center of Olho.Distances to Key Points of Interest:Beaches:3 km - Praia da Ilha da Armona4 km - Praia da Ilha do Farol5 km - Praia da Ilha da Culatra9 km - Praia de FaroHealthcare:1 km - Olho Hospital10 km - Private Hospital of Gambelas (HPA Sade)10 km - Faro Health CenterSupermarkets & Shopping:0.5 km - Olho Market1 km - Pingo Doce Olho1.5 km - Lidl Olho2 km - Continente OlhoShopping Centers:10 km - Frum Algarve (Faro)30 km - MAR Shopping AlgarveSports & Leisure:1 km - Olho Marina2 km - Real Marina Spa & Health Club4 km - Ria Formosa Natural Park10 km - Holmes Place Gym Faro12 km - Pinheiros Altos Golf Course (Quinta do Lago)International Schools & Private Universities:9 km - So Loureno International School10 km - University of Algarve (Gambelas Campus)Nightlife & Entertainment:0.5 km - Pura Club Olho10 km - Columbus Bar (Faro)11 km - Castelo Bar (Faro)Transport & Access:1 km - Olho Train Station (connections to Faro, Lisbon, and Porto)10 km - Faro International Airport1 km - Access to N12510 km - Access to A22 (Via do Infante - connection to Spain and Lisbon)This is a rare opportunity to acquire a property with unlimited potential in one of the most authentic areas of the Algarve, where tradition and the sea come together to create an exclusive and sophisticated lifestyle. Energy Rating: Exempt #ref:CAS_398