Country house T1 - Faro, Olhão

Ruin with approved project and building permit issued in Belmonte, Pechão — Olhão
🏡 An opportunity ready to be transformed into a home or an investment in the Algarve.
Located in the peaceful area of Belmonte, Pechão, this terraced property for renovation comes with an approved architectural project and a building permit already issued by Olhão Municipal Council.
The key advantage? Construction can begin without waiting for a licensing process, which is often lengthy, allowing you to move forward with your project more quickly.
✨ The approved project includes

• Contemporary home arranged over 2 floors
• Spacious living room with excellent potential
• Functional kitchen
• 1 bathroom
• Mezzanine bedroom
• Technical area and storage room
• Terrace, ideal for creating a pleasant and private outdoor area
• Comfort solutions planned, including air conditioning
• Planned energy rating: Class A

📐 Areas and features

• Gross construction area: 71 m²
• Plot size: 80 m²
• Planned layout: 1-bedroom home
• Terraced house
• North/South orientation
• Built-in wardrobes planned
• Property requiring renovation, with strong potential for value appreciation

📍 Location
Set within a quiet, established residential area, this property combines the tranquillity of Pechão with convenient proximity to Olhão. It is just a short distance from the town centre, shops, services, restaurants, and the natural beauty of the Ria Formosa.
⏳ Construction deadline
The works must be completed by March 2028, in accordance with the conditions of the issued building permit.
📄 Architectural drawings, technical description, building permit, certificates, and the remaining technical documentation are available for consultation.
💼 Ideal for investors, developers, or private buyers looking to create a modern, functional, energy-efficient home in the Algarve—without the uncertainty and delay usually associated with a new planning application.