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Home For Sale

Picture of Home For Sale in Olhao, Faro, Portugal

€225,000

Olhao, Faro, Portugal

2bd

Year Built: 0

Listed By: Euro Resales

Listed On: 06/09/2023

Listing ID: GL5337955

Description

Superb 2 Bedroom House in Algarve Portugal

Euroresales Property iD - 9825023

Property information:

This property is an excellent 2-bedroom house situated in Olhao, Algarve, Portugal.

The property includes 2 bedrooms, 2 bathrooms, lounge, kitchen, balcony and a private open terrace area on the rooftop.

The property is being sold as semi-furnished and equipped throughout including the domestic appliances.

The house has a total overall floor size of 50 square metres and offers beautiful views of the nearby hills and glimpses of the sea.

The property could be used either as a holiday home or as a permanent residence.

A superb opportunity for those interested in owning property in this superb area within Algarve, Portugal.

Algarve features a warm-summer mediterranean climate, with influences of an oceanic climate. Temperatures in the summer months range between 24-29°C and in the winter months drop to between 4-7°C.

About the Area:

The Algarve is the southernmost region of continental Portugal. it has an area of 4,997 km2 with 451,006 permanent inhabitants, and incorporates 16 municipalities.

The region has as its administrative centre in the city of Faro, where both the region's international airport (FAO) and public university, the University of Algarve, are located.

Tourism and related activities are extensive and make up the bulk of the Algarve's summer economy.

Production of food, which includes fish and other seafood, different types of fruit such as oranges, figs, plums, carob beans, and almonds, is also economically important in the region.

Olhao has the best fish and vegetable market in the region and a thriving art scene. Ferry's also run regularly (3 mins walk from house) to the deserted islands of Culatra ,Farol and Armona in the Ria Rormosa.

The Algarve covers 4997 km2, extending just south of the Tagus valley to the southern coast of the iberian Peninsula. its highest point is Foia, 902m, in the mountain range of Monchique.

it also includes some islands and islets. The region is also the home of the Ria Formosa Lagoon, a nature reserve of over 170 km2 and a stopping place for hundreds of different species of birds.

The length of the south-facing coastline is roughly 155 km. Beyond the westernmost point of Cape St. Vincent it stretches a further 50 km to the north. The coastline is notable for picturesque limestone caves and grottoes, particularly around Lagos, which are accessible by powerboat.

The Algarve is still, overall, considered to be the biggest and most important Portuguese tourist region, having received an estimated total of 7.1 million tourists in 2017.

its population triples in the peak holiday season due to seasonal residents. The Algarve is also increasingly sought after, mostly by central and northern Europeans, as a permanent place to settle.

A 2016 American-based study concluded that the Algarve was the world's best place to retire.