1st Floor Flat in Olhao
This is a flat in a typical downtown Olhão 1930 's building ( Rua Almirante Reis . Some " art déco " type features.)
98 sq. metres on first floor plus 60 sq metres ( approx ) on roof. (Ground floor is a separate flat with own entrance.)
Five minute walk from seafront; several local restaurants - non touristy prices :)
Handy local shops such as mini~market ; laundrette; hairdresser, bike shop, frango takeaway, and so on.
Very 'Portuguese' street.
Flat currently used as delightful holiday retreat but could be full time residence. Euros 65,000 has been spent on the refurb. ( following original purchase at 70 thou ). TV / white goods / stereos can all be included.
However there are some ongoing problems with the Câmara which the new owner would need to be prepared to sort out. Agent ( TopMarques) states that in current market ( if there were not the probs. ) the flat should fetch 140 to 150 thousand.
So , because of the issues, I am prepared to part with it for 119 thousand Euros ( negotiable ) for a quick sale to someone willing to take these on.
Fuller details, of course, available on inquiry.
It is a potential bargain for someone who prefers old, traditional, buildings and possessing patience / negotiating skills. ( ! )