Residential House for sale in Olhão, Rua Almirante Reis 44 46 e 48, 8700-364 Olhão, 174 m²

Olhão, Olhão

Residential House

EUR 899,000

• 4 bedrooms
• 2 bathrooms
• 174 sqm

This expansive townhouse, located in the vibrant downtown area of Olhão, has been meticulously renovated according to the highest standards. With premium materials, it preserves the original charm of the property, featuring elegant details such as high ceilings and antique tiles carefully restored or reproduced. The property offers versatile living options: it can serve as a spacious family home with four bedrooms, two living rooms, two kitchens and two bathrooms, or it can be divided into two separate apartments with two bedrooms each, each with its own living room, kitchen, bathroom and two double bedrooms. The residence has two separate entrances and a third leading to a larger-than-average rooftop terrace with a charming watchtower (Mirador). From this vantage point, you can enjoy stunning views over the rooftops and the nearby ocean. Bathed in natural light through large double-glazed windows and adorned with high ceilings, this house is both airy and inviting. It can be used as a large family residence or as an investment property. The current owners have successfully used it for tourist rentals, generating substantial annual income and receiving high online customer ratings…