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1-Bedroom House with Rooftop Terrace in Barreta – Olhão

Faro-Olhão-Olhão
Ref: 8700-000
€90.000
VERY IMPORTANT INFORMATION The property is currently let under a tenancy agreement dating from before 1990, with tenants aged over 70. This situation entails specific legal protections and must be carefully considered in the context of any purchase. Unique opportunity in the heart of the traditional and highly sought-after Barreta neighborhood in Olhão! Charming 1-bedroom townhouse with traditional character, located in one of the most authentic areas of the city, just a short walk from the Ria Formosa, markets, and historic center. The property comprises: Living room Kitchen 1 bedroom Bathroom Storage area Access to rooftop terrace The house also features a rooftop terrace, perfect for creating a leisure area, outdoor dining space, or simply enjoying the Algarve’s sunny climate. Important: The property requires renovation works, offering an excellent opportunity for full customization, whether as a permanent residence, holiday home, or investment. Current situation: The property is currently rented, with a monthly rent of €60, and this condition must be considered in any purchase. Located on a typical and quiet street, with easy access and parking nearby, this is a great opportunity to acquire a property with character in one of Olhão’s most desirable areas. Key features: Prime location in Barreta Rooftop terrace Strong appreciation potential Ideal renovation project Don’t miss this opportunity to invest in one of the Algarve’s most authentic neighborhoods!
1
Bedrooms
1
Bathrooms
38,8
Area