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Listing ID: ZI-00060

Exceptional 3-Room Apartment in the Heart of Olhão – A Unique Opportunity in the Algarve

Olhao
Asking Price
1 737 294 zł
ZI Score™
25/ 100
Annual ROI
3,2%
ROE (cash)
3,2%
Cash flow / month
4633 zł
Price / m²
14 723 zł
Exceptional 3-Room Apartment in the Heart of Olhão – A Unique Opportunity in the Algarve

Property Specifications

Floor area
118 m²
Rooms
3
Floor
0
Property condition
b.dobry
Property type
Flat
Country
Portugal
Land and mortgage register
Not applicable

Technical and Legal Details

Market
Secondary market
Ownership type
Freehold
Heating
Elektryczne

Amenities

Furnishings and Equipment
Umeblowane
Air conditioning
Yes
Balcony / Terrace
Yes
Parking Space
No

Investment Strategies

Long-term rental
Airbnb
Ready-made investment property

Description

Discover this charming T3 apartment in the heart of Olhão’s historic centre. This exceptional location combines the authentic character of one of the Algarve’s most atmospheric towns with comfort and modern features.


The apartment offers 118 m² of total floor area and was fully renovated in 2020 using high-quality materials and carefully selected finishes. All plumbing and drainage systems were also replaced during the renovation, providing greater comfort and peace of mind for future owners.


The property features:

* 3 bedrooms (including one with an en-suite bathroom),

* 2 bathrooms,

* spacious, functional interiors,

* excellent natural light.


One of the apartment’s greatest assets is its spacious balcony with a barbecue – an ideal setting for outdoor dining, relaxing and spending time with family and friends while enjoying the Algarve’s exceptional climate.


The apartment is equipped with:

* air conditioning,

* smart radiators,

* a smart door lock,

* modern touch-sensitive light switches,


ensuring convenience and a high standard of everyday living.


The combination of an excellent location, high-quality renovation and modern technology makes this an outstanding choice as:


* a permanent residence,

* a holiday home,

* an investment with strong short-term and holiday rental potential.


Living in Olhão

Olhão is one of the Algarve’s most authentic and charming towns. It is renowned for its strong fishing traditions, distinctive architecture, celebrated municipal markets and excellent cuisine based on fresh fish and seafood. The town lies beside the Ria Formosa Natural Park and picturesque islands with some of Portugal’s most beautiful beaches.


Here, you can enjoy a truly Portuguese lifestyle – relaxed, sunny and full of local character. Restaurants, cafés, shops and all essential services are nearby, while the region offers one of Europe’s best climates.


This is an excellent opportunity for anyone looking to invest in property in Portugal, own a holiday home by the ocean or settle in one of southern Portugal’s most attractive locations.


Key property features:

* 118 m² total floor area

* 3 bedrooms (1 with an en-suite bathroom)

* 2 bathrooms

* Fully renovated in 2020

* Replaced plumbing and drainage systems

* Excellent natural light throughout

* Balcony with barbecue

* Air conditioning

* Smart radiators

* Smart lock

* Prestigious location in central Olhão

* Ideal as a permanent residence, holiday home or investment

* Strong holiday and short-term rental potential


Location:

https://maps.app.goo.gl/PGL2dqDv7XkVgmGG6?g_st=iw


Estimated monthly rental profit:
- long-term: approx. 1200 - 1500 EUR/month.
- short-term in April, May, June, September and October: approx. 4000 EUR/month, and in July-August: approx. 8000 EUR/month.