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Located in a serene and private area of Olhão, this villa enjoys stunning views over the Ria Formosa, one of the most beautiful natural settings in the Algarve. It is a property of authentic character, spread over two floors, which combines the charm of traditional architecture with enormous potential for renovation. Ideal for those looking to create a charming haven in complete harmony with nature. On the lower floor, the large social areas stand out, perfect for creating cozy living and leisure areas. This level also includes two spacious bedrooms and a full bathroom. The top floor offers an additional bedroom and a magnificent terrace with panoramic views over the Ria Formosa - the ideal setting for moments of tranquillity, contemplation and well-being. The excellent sun exposure throughout the day gives natural light to all the rooms, further enhancing the comfort and potential of the villa. Outside, a pleasant patio provides the perfect setting for enjoying the mild Algarve climate in total privacy. Surrounded by a calm and natural environment , this property represents a unique opportunity for those looking to invest in a villa with identity, good areas and a privileged location in the heart of the Eastern Algarve. Just 2 km from Praia dos Cavacos and 6 km from the pier to the islands of Armona and Fuseta, it enjoys easy access and proximity to all essential services. CHARACTERISTICS: Plot Area: 640 m2 | 6 889 sq ft Area: 320 m2 | 3 444 sq ft Useful area: 119 m2 | 1 285 sq ft Deployment Area: 140 m2 | 1 504 sq ft Bedrooms: 3 Bathrooms: 1 Energy efficiency: D FEATURES: 3 bedroom villa Close to the beach Views over the Ria Formosa Spacious areas Terrace