In the heart of Baixa de Olhão, just a few steps from the famous Markets and the seafront, is this charming typical fishermen's house, originally built in 1913 and meticulously renovated to preserve its authenticity and charm

Olhão, Faro, Portugal

For Sale

€565,000

REF: 896709 €565,000


3

3

126 m2

126 m2

Description

In the heart of Baixa de Olhão, just a few steps from the famous Markets and the seafront, is this charming typical fishermen's house, originally built in 1913 and meticulously renovated to preserve its authenticity and charm. With classical vaults, natural stone walls and traditional stucco, this house has been restored with exemplary care, respecting every detail of its rich heritage.

On the ground floor, the property offers two cozy bedrooms, one internal, both with access to a bathroom, making the space practical and functional. The living room, equipped with a modern stove, not only provides a comfortable environment, but also heats the upper floors, creating a perfect atmosphere for colder nights.

There is also a small courtyard that offers an additional entrance from the back street, expanding access possibilities. Going up to the first floor, we find an open space that harmoniously integrates the living room and the kitchen, ideal for socializing and family meals. Natural light floods this space, which also has a bathroom and gives access to a charming terrace, perfect for enjoying meals al fresco, surrounded by the tranquility of the city.

From this terrace, access to the second floor reveals an en-suite bedroom, with a private terrace that opens to the horizon. On the third floor, a stunning terrace offers a panoramic view, with a wonderful sea view, capturing the essence of Olhão and its stunning landscapes. The house, bathed in natural light in every room, is a true rare gem, combining historic charm with modern comfort.

With all documentation in order and ready to write, this is a unique opportunity to acquire a unique property, full of history, style and stunning views, in the vibrant heart of Olhão.
In the heart of Baixa de Olhão, just a few steps from the famous Markets and the seafront, is this charming typical fishermen's house, originally built in 1913 and meticulously renovated to preserve its authenticity and charm. With classical vaults, natural stone walls and traditional stucco, this house has been restored with exemplary care, respecting every detail of its rich heritage.

On the ground floor, the property offers two cozy bedrooms, one internal, both with access to a bathroom, making the space practical and functional. The living room, equipped with a modern stove, not only provides a comfortable environment, but also heats the upper floors, creating a perfect atmosphere for colder nights.

There is also a small courtyard that offers an additional entrance from the back street, expanding access possibilities. Going up to the first floor, we find an open space that harmoniously integrates the living room and the kitchen, ideal for socializing and family meals. Natural light floods this space, which also has a bathroom and gives access to a charming terrace, perfect for enjoying meals al fresco, surrounded by the tranquility of the city.

From this terrace, access to the second floor reveals an en-suite bedroom, with a private terrace that opens to the horizon. On the third floor, a stunning terrace offers a panoramic view, with a wonderful sea view, capturing the essence of Olhão and its stunning landscapes. The house, bathed in natural light in every room, is a true rare gem, combining historic charm with modern comfort.

With all documentation in order and ready to write, this is a unique opportunity to acquire a unique property, full of history, style and stunning views, in the vibrant heart of Olhão.
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Property on Map

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Currency Exchange

Olhão, Faro, 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 €565,000 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
€565,000 £467,995 £485,589 £17,594
Property Price € €565,000
Minimum cost in the last six months £467,995
Maximum cost in the last six months £485,589
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,594

Olhão, Faro, 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 €565,000 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
€565,000 £467,995 £485,589 £17,594
Property Price € €565,000
Minimum cost in the last six months £467,995
Maximum cost in the last six months £485,589
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,594

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 £17,594 more.

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