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Focus on Olhão - an Algarvean secret

 

 

A short 15 minutes by car brings you into the heart of Olhão (pronounced ‘ol-yow’) which lies just to the east of Faro in the Algarve. One of the smallest of the Algarve counties, it nevertheless has much to offer.

Aerial view Olhao AlgarveThe city of Olhão lies on the coast in the heart of the Ria Formosa nature reserve, and is the Algarve’s biggest fishing port. The Mercado municipal offers a large selection of both fish and shellfish, and is conjoined by a large vegetable market. It’s a regular haunt for fish merchants, restaurateurs and casual shoppers alike.

With a pretty promenade along the coast full of restaurants offering al-fresco dining, and an old town made up of cobbled narrow lanes full of cafés and local shops, the area is popular with tourists, locals and expat residents alike. The town also brags its modern areas including a big shopping mall, and many other attractions.

 

Olhão county is dotted with picturesque villages and small towns. Moncarapacho lies in the Algarve’s foothills and is famous for its big market on the first Sunday of the month. From clothes, shoes, table and bed linens, to plants and hardware, local farm cheeses and chouriços, it’s a popular event.

A small traditional town, surrounded by hills dotted with villas, the area offers a return to the quiet life but with all amenities within easy reach.

Just down the road, a little further east along the coast is Fuseta. A pretty village full of history, it’s a quiet retreat for getting away from it all.

Olhão wins on so many levels

  • History dating back to 1378, including the fort São Lorenço fortress built in 1679.
  • The largest annual seafood festival in the Algarve, the Festival do Marisco
  • In the heart of the Ria Formosa nature reserve with access to the lovely Ilhas (islands) Culatra and Armona
  • Great shopping options at
  • Lowest property prices in the Algarve

What? The lowest? 

Well, yes.

Meravista.com recently conducted an analysis of the 21,000 properties listed for sale in the Algarve and extracted the data to compare prices of houses and apartments in the Olhão region to other parts of the Algarve.

Not only does this report give the prices for Olhão, but it also shows tables of the average prices per square meter as well as median prices for property for sale across the Algarve. There’s also an interesting comparison of Algarve property prices versus prices in Spain and France.  

With the median price for a house in Olhão coming in at only €249,000 (just under £180k at the current exchange rates) it seems worth taking a look at what’s currently on the market.

This table from the report advises us how many properties are for sale in Olhão right now, and what their prices ranges are.  Check out the Olhão property report for more information.

                        

 

In the meantime, let us whet your appetite with some of the properties currently for sale in Olhão.

 

3-bed fully modernised quinta in Moncarapacho  €235,000

                                   

 

2 bedroom Apartment in Olhão centre     €125,000

                                  

 

4-bed brand new semi-detached townhouse in Fuseta   €235,000

                                 

 

Click here for more property bargains in Olhão

 

*The properties featured in this article were listed for sale on Meravista at the time of publication, but may have since been sold or removed from the website

Brought to you by Meravista – the place where smart people search for Algarve property for sale. Contact Meravista