For sale is this exceptional townhouse for renovation conveniently located in the old center "Baixa" of Olho, just a few steps from the market and the beautiful Ria Formosa. The renovation project has been recently approved by the Olho town hall.

Featuring beautiful stone walls, high and typical vaulted ceilings and a rooftop terrace with magnificent views overlooking the old town and the islands.

Being located in the ARU (Area de Reabilitao Urbana) it's eligible for certain fiscal benefits after renovation.

The project involves a house with a 133m2 building area comprising of living space on two floors and a mezzanine plus outside space with an inner courtyard of 14,65m2 and a rooftop terrace of 60m2. On the rooftop is projected to come a plunge pool.

Lay-out of the project:

Ground floor with a living area of 56m2 and inner patio of 14,65m2.

First floor and mezzanine with 2 bedrooms and 2 bathrooms of 77m2.

Rooftop te...
Build year: 1951Construction area: 174,90Bathrooms: 2