Discover the charm of Olhão, a fishing town on the Algarve coast where traditional Portuguese life seamlessly blends with modern amenities. This historic town offers a unique selection of properties, from charming townhouses to spacious apartments, all within easy reach of the stunning Ria Formosa Natural Park and close to Faro, Faro Airport, and the Spanish border. Whether you’re seeking a traditional townhouse with a rooftop terrace or a modern apartment with stunning views, Olhão has the perfect property to suit your needs.
Yield for this property is over 5%
Yield for this property is 3-5%
Yield for this property is below 3%
Olhão is a captivating fishing town that offers a genuine taste of traditional Portuguese life. With its picturesque waterfront, bustling fishing harbour, and a labyrinth of cobbled streets within the fishermen’s quarter, Olhão is a hidden gem waiting to be explored.
One of the town’s most famous attractions is its renowned fish market, widely considered to be one of the best in the country. Here, you can immerse yourself in the lively atmosphere and witness the daily catch being brought in by the hardworking local fishermen.
Olhão’s unique location opens out onto the serene waterways and lagoons of the Parque Natural da Ria Formosa, a stunning natural park teeming with wildlife. To the south, the sandbar islands of Ilha da Armona and Ilha da Culatra beckon with their pristine beaches, accessible by a short ferry ride from the town.
Unlike many other towns in the Algarve, Olhão’s primary focus is not tourism, but rather its thriving fishing industry. This authentic character is reflected in the town’s architecture, culture, and the friendly, hardworking locals. Although some parts of the town are still undergoing renovation, areas like the recently renovated market are breathing new life into Olhão, making it an up-and-coming destination for those seeking a more genuine Portuguese experience.
When it comes to properties for sale in Olhão, there is a diverse range to choose from. Whether you’re looking for a modern apartment equipped with all the latest amenities or a traditional house in need of some TLC, there are options to suit every taste and budget.