€1,100,000

Olhão Algarve

Overview

SUMMARY: Discover an opportunity with this Olhão villa for sale and available for €1,100,000. This could be your next ideal home or a smart investment. More details await.

Estate in Olhão A unique property in a privileged location, on the first line of the Ria Formosa, with more

than 12 hectares and several urban items, with fully functioning salt pans and fish farms. In the middle of the Ria Formosa, this estate with 12.3Ha (11.4Ha in salt flats) with several urban items and one rustic. It has 1 single storey T3 house, 3 ruins and 1 warehouse dedicated to industrial activity, with salt pans and a fish farm, in full operation.
The salt mines are currently under concession, being a source of current profitability for the property. The urban buildings are all from before August 7, 1951. The property, inserted in a true "ex-libris" of nature, has enormous potential both at a commercial/industrial level, through salt extraction, and at a tourist level, and could become an eco-resort in the "heart" of a of the 7 Natural Wonders of Portugal. Bird-watching is increasingly one of the main interests of visitors. As it is located in the Ria Formosa, this estate is a natural habitat for a great diversity of birds and a "stopover point" for migratory water birds that use the Ria during the winter. Located 5 minutes from various services and 20 minutes from Faro International Airport, it has good access, electricity and borehole water. Take advantage of this opportunity to own a unique property in a privileged location with magnificent views of the barrier islands. Book your visit now.

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Details

  • Beds: 4
  • Baths: 1
  • Price: €1,100,000
  • Internal Reference No.: 123561153-4
  • Area: 510 m2
  • Year Built: 1951

Location

Marketed by:

  • RE/MAX EXPOGROUP
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