OLHÃO - VILLA - 4 BEDROOMS - SEA VIEW - TERRACE

Olhão, Algarve, Portugal

For Sale

€849,000

REF: 889478 €849,000


4

2012

Description

Renovated villa located in Baixa, just a few steps from the traditional markets and the pier, to the islands of the Ria Formosa. The property consists of 3 floors: On the ground floor a spacious living/dining room, an office space, an equipped kitchen, a bedroom, a bathroom and a toilet. On the first floor, a bedroom and a suite with private bathroom and dressing room, a living room, an office/bedroom, a bathroom and laundry.

On the terrace is a spacious kitchen and a covered dining area with .. Located in the heart of the historic center of Olhão, this house has undergone a complete renovation, transforming itself into an authentic real estate gem. Just a stone's throw from the iconic municipal market and the picturesque promenade on the edge of the Ria Formosa, this spacious house of character promises a distinctive living experience by harmoniously blending historical charm with contemporary comfort. Spread over three floors, this exceptional property is revealed on the ground floor with a spacious living/dining room with an attractive vaulted ceiling, an office space, a kitchen adorned with hand-painted tiles, a bedroom with ample storage space, a separate bathroom and toilet. The former residence of the artist Meinke Flesseman, a painter from Olhão, leaves her artistic legacy in each room with unique wall murals. On the first floor, the spacious rooms feature high ceilings and traditional windows, flooding the space with natural light.

A suite with an en-suite bathroom, an adjoining walk-in closet, a versatile large living room, an office (or additional bedroom), a separate bathroom, a distribution hall and a small laundry room complete this floor. The terrace, with modifiable projectable windows, a spacious kitchen and a covered dining area, transforms into a versatile space suitable for enjoying both summer days and winter evenings.

The rooftop terrace provides an exceptional place of relaxation with several options depending on the sun exposure, offering a breathtaking view of the sea. Exceptional in its historical and cultural heritage, this residence stands out as a preserved treasure of Olhão's heritage. Presenting an unparalleled living experience, this unique property harmonizes the authenticity of the past with modernity, establishing a true urban refuge in the historic center of Olhão. A rare opportunity to acquire a residence that encapsulates the essence of this charming Portuguese city. Book your visit now!
Renovated villa located in Baixa, just a few steps from the traditional markets and the pier, to the islands of the Ria Formosa. The property consists of 3 floors: On the ground floor a spacious living/dining room, an office space, an equipped kitchen, a bedroom, a bathroom and a toilet. On the first floor, a bedroom and a suite with private bathroom and dressing room, a living room, an office/bedroom, a bathroom and laundry.

On the terrace is a spacious kitchen and a covered dining area with .. Located in the heart of the historic center of Olhão, this house has undergone a complete renovation, transforming itself into an authentic real estate gem. Just a stone's throw from the iconic municipal market and the picturesque promenade on the edge of the Ria Formosa, this spacious house of character promises a distinctive living experience by harmoniously blending historical charm with contemporary comfort. Spread over three floors, this exceptional property is revealed on the ground floor with a spacious living/dining room with an attractive vaulted ceiling, an office space, a kitchen adorned with hand-painted tiles, a bedroom with ample storage space, a separate bathroom and toilet. The former residence of the artist Meinke Flesseman, a painter from Olhão, leaves her artistic legacy in each room with unique wall murals. On the first floor, the spacious rooms feature high ceilings and traditional windows, flooding the space with natural light.

A suite with an en-suite bathroom, an adjoining walk-in closet, a versatile large living room, an office (or additional bedroom), a separate bathroom, a distribution hall and a small laundry room complete this floor. The terrace, with modifiable projectable windows, a spacious kitchen and a covered dining area, transforms into a versatile space suitable for enjoying both summer days and winter evenings.

The rooftop terrace provides an exceptional place of relaxation with several options depending on the sun exposure, offering a breathtaking view of the sea. Exceptional in its historical and cultural heritage, this residence stands out as a preserved treasure of Olhão's heritage. Presenting an unparalleled living experience, this unique property harmonizes the authenticity of the past with modernity, establishing a true urban refuge in the historic center of Olhão. A rare opportunity to acquire a residence that encapsulates the essence of this charming Portuguese city. Book your visit now!
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#VVO378

Currency Exchange

Olhão, Algarve, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €849,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€849,000 £703,235 £729,673 £26,438
Property Price € €849,000
Minimum cost in the last six months £703,235
Maximum cost in the last six months £729,673
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,438

Olhão, Algarve, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €849,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€849,000 £703,235 £729,673 £26,438
Property Price € €849,000
Minimum cost in the last six months £703,235
Maximum cost in the last six months £729,673
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,438

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £26,438 more.

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