Spazio Commerciale DI Eccellenza Con Elevato Potenziale DI Trasformazione

Located in the heart of Olhão’s historic centre, this outstanding commercial property of approximately 190 m² offers a rare opportunity for both business owners and investors seeking a distinctive property with exceptional development potential.
Fully renovated in 2023 to a high standard, the property currently operates as an art gallery and is arranged into three separate areas, offering excellent flexibility for a wide range of commercial activities.
Premium features include polished concrete floors, air conditioning throughout, and fully modernised infrastructure, allowing immediate occupation without further investment.
Dual-aspect, the property benefits from two independent entrances on two different streets, a highly desirable feature for commercial use while also providing significant flexibility for future redevelopment.
Outstanding investment potential
Beyond its current commercial use, this property presents a remarkable redevelopment opportunity.
A favourable Prior Information Request (PIP) has confirmed the feasibility of changing the use from commercial to residential, subject to the submission and approval of the final architectural project and compliance with all applicable regulations.
Its layout also offers the possibility of creating an internal courtyard, bringing additional natural light into the property while creating an attractive private outdoor living space, subject to the necessary approvals.
Thanks to its generous size, dual frontage and flexible layout, this property offers exceptional potential to create a unique residence in one of Olhão’s most sought-after locations.
Key Features
Approximately 190 m²
Fully renovated in 2023
Three independent spaces
Two independent entrances on two streets
Dual-aspect property
Air conditioning throughout
Polished concrete floors
Excellent ceiling height
Abundant natural light
Flexible layout
Favourable PIP supporting residential conversion
Potential to create an internal courtyard (subject to approvals)
Prime location in Olhão’s historic centre