OLHÃO - VILLA - 3 BEDROOMS - TERRACE

Olhão, Algarve, Portugal

For Sale

€365,000

REF: 980563 €365,000


3

Description

Typical villa with 2 floors, close to all amenities, located 5 minutes from the Traditional Markets, Marina and pier. On the ground floor we find a large living and dining room, kitchen with laundry, bathroom with shower, backyard with direct access to the rear street and a storage room. Interior stairs lead to the 1st floor, where there is a hall leading to three bedrooms and a bathroom.

One of the bedrooms gives direct access to the roof terrace, as well as a large terrace with panoramic vie.. House, to be restored, with three bedrooms, spread over two floors and terrace, located in the downtown area of Olhão, a few minutes' walk from traditional markets, boarding pier, marina and restaurant area.

This property, built before 1951, offers a surprisingly generous space for its location, with two entrances through two distinct streets, which allows the creation of two independent accesses and opens up the possibility of transforming the property into two autonomous housing units. On the ground floor we find a large living and dining room, kitchen with laundry, bathroom with shower, backyard with direct access to the rear street and a storage room.

The interior stairs lead to the first floor, where there is a spacious hall that distributes to three large bedrooms and a generously sized bathroom. One of the bedrooms gives direct access to the roof terrace, a large terrace with panoramic views over the city of Olhão, perfect for creating a pleasant outdoor leisure area.

All rooms have windows, which provide excellent natural light throughout the property. Although it needs minor improvements, this villa reveals enormous potential, whether for own housing, holiday home or as an investment in the rental market. In addition, the area has free public parking, which is an additional advantage.

Don't miss this unique opportunity to acquire a spacious, versatile villa with a privileged location in the heart of Olhão. Schedule your visit now and get to know the potential of this property.
Typical villa with 2 floors, close to all amenities, located 5 minutes from the Traditional Markets, Marina and pier. On the ground floor we find a large living and dining room, kitchen with laundry, bathroom with shower, backyard with direct access to the rear street and a storage room. Interior stairs lead to the 1st floor, where there is a hall leading to three bedrooms and a bathroom.

One of the bedrooms gives direct access to the roof terrace, as well as a large terrace with panoramic vie.. House, to be restored, with three bedrooms, spread over two floors and terrace, located in the downtown area of Olhão, a few minutes' walk from traditional markets, boarding pier, marina and restaurant area.

This property, built before 1951, offers a surprisingly generous space for its location, with two entrances through two distinct streets, which allows the creation of two independent accesses and opens up the possibility of transforming the property into two autonomous housing units. On the ground floor we find a large living and dining room, kitchen with laundry, bathroom with shower, backyard with direct access to the rear street and a storage room.

The interior stairs lead to the first floor, where there is a spacious hall that distributes to three large bedrooms and a generously sized bathroom. One of the bedrooms gives direct access to the roof terrace, a large terrace with panoramic views over the city of Olhão, perfect for creating a pleasant outdoor leisure area.

All rooms have windows, which provide excellent natural light throughout the property. Although it needs minor improvements, this villa reveals enormous potential, whether for own housing, holiday home or as an investment in the rental market. In addition, the area has free public parking, which is an additional advantage.

Don't miss this unique opportunity to acquire a spacious, versatile villa with a privileged location in the heart of Olhão. Schedule your visit now and get to know the potential of this property.
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Property on Map

#VVO445

Currency Exchange

Olhão, Algarve, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €365,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€365,000 £301,256 £316,853 £15,596
Property Price € €365,000
Minimum cost in the last six months £301,256
Maximum cost in the last six months £316,853
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,596

Olhão, Algarve, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €365,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€365,000 £301,256 £316,853 £15,596
Property Price € €365,000
Minimum cost in the last six months £301,256
Maximum cost in the last six months £316,853
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,596

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £15,596 more.

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