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5 Bed Villa For Sale, Olhao, Algarve, Portugal

  • Bed 5 / Bath 1
  • €365,000

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KEY FEATURES

Property Type
Villa
Town
Olhao
Bedrooms
5
Bathrooms
1
Plot/Unit
18000 sq m
Build/Unit
178 sq m
Price
€365,000
Reference
675531
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OLD HOUSE with 178 sqm to rebuilding / rehabilitation in Quelfes - OLHÃO, in a PLOT OF LAND of 18.000 sqm. The property is composed of a typical Algarvian property, consisting of five bedrooms, several annex buildings and plot of land with 1.8ha, with vegetable garden, orchard and several fruit trees. It also has a water well, a water tank and a threshing floor. Property composed by an urban article and other rustic.

There is feasibility of reconstruction, alteration and expansion of construction areas up to 300m2 for housing purposes, up to 500m2 for other agricultural purposes and up to 2000m2 for rural tourism.

The plot is located in a great location and set on an elevated and quiet area, the land has panoramic views over the entire surrounding area, between the mountains and the sea and access by tarmac road. Olhão is 5 km away, while Tavira is 15 km away.

In terms of on-site infrastructure there is nearby mains water and drainage, electricity and telecommunications.

Great potential and an excellent investment.

Features:
- Living area - 178 sqm
- Gross built area - 178 sqm
- Implantation area - 172 sqm
- Plot size - 18.000 sqm
- Year Built - 1951
- Energy Certificate - Exempt - Excluded from the ECS under article n.4 of Decree-Law 118/2013, of 20th of August

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