6 or more Bedrooms In project in Olhão, near City Center

Old house with floor and false ceilings in wood with air box. Gross area of the house 258 m2, total land area 1,200 m2, It has hole and tank for watering farm. It also has garage, pantry and 2 annexes in the roof with a view of the mountains (cerro de S. Miguel) and partial view of the Ria formosa at the lookout point. It has direct access from the outside to the interior of the backyard - corridor with capacity for 5 cars and garage for 2 cars. The villa has 4 bedrooms, office, living room, hall, entrance hall, distribution hall, sunroom, kitchen, bathroom and toilet, over-elevated backyard with pantry and farm. Outdoor toilet. All in need of deep recovery works. Or you can build 1 block of apartments or 1+1+1 blocks of apartments, acquiring the ruin next to the land to the west + the 2 houses next to the house to the west and the house of gaveto and negotiating exchange (already talked) with a neighbor (only resident in the vicinity). Then the price will be around the nine hundred thousand euros and will give to build 3 buildings of 5 floors, retreated 15 meters to the axis of the road EN 125 and 3 m in R Ant. H. Cabrita, containing 7 stores + 12 T2 + 8 T3 + 4 T4