Residential House for sale in Olhão, Rua Doutor Manuel Arriaga 43, 8700-000 Olhão, 39 m²

Olhão, Olhão

Residential House

EUR 90,000

• 1 bedrooms
• 1 bathrooms
• 38.8 sqm

VERY IMPORTANT INFORMATION The property is rented under a lease contract prior to 1990, with tenants over 70 years old. This situation implies specific legal protection and should be carefully considered in the context of any acquisition. Unique opportunity in the heart of the typical and highly sought-after Barreta neighborhood in Olhão! 1 Bedroom house with traditional design, located in one of the most authentic areas of the city, just a few minutes' walk from Ria Formosa, markets and the historic center. The property consists of: Living room Kitchen 1 bedroom Bathroom Storage area Access to roof terrace The house also features a terrace, ideal for creating a leisure area, outdoor dining or simply enjoying the Algarve climate. Important: The property requires renovation work, presenting itself as an excellent opportunity for complete customization, whether for personal residence, holiday home or investment. Current situation: The property is rented with a monthly rent of €60, and this condition should be considered in the context of any acquisition. Located on a typical and quiet street, with easy access and parking nearby, this is an excellent opportunity to acquire a characte…