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House with pool and garden Estoi (Portugal)by annonceur international

House with pool and gardenEstoi (Portugal)
Price :
$1,897,100
($4,443 / m²)
Surface427 m²bedrooms7 bathrooms7 land1.1 ha

Why this property will seduce you

  • Sea and nature view: Private refuge with sea view.
  • Architecture and space: Six apartments, spacious owner's area.
  • Expansion potential: Land with development potential.
Surrounded by the tranquillity of the Algarve hills, where silence, fresh air and nature create a truly special atmosphere, this charming property is a private retreat with sea views, ideal for those seeking privacy, authenticity and a privileged connection with nature, without sacrificing proximity to essential services.Located between Estoi and São Brás de Alportel, the property benefits from excellent tarmac road access and a strategic location, less than 10 minutes from both villages. Nearby, you will find restaurants, supermarkets, shops and a variety of cultural and historical attractions, including palaces, churches, Roman ruins and scenic viewpoints. Faro International Airport is approximately 22 minutes away, while Olhão, with its traditional markets and access to the beautiful Ria Formosa islands of Culatra, Armona, Farol and Deserta, is just 19 minutes away.With almost a decade of operation under the current owners, this charming accommodation business benefits from an established concept and a proven operating history. Financial results from recent years can be made available to genuinely interested buyers following a property viewing.The property comprises a total of six apartments: a spacious private T1 apartment for the owners, with over 200 m² of interior area, and five independent units dedicated to tourist accommodation, consisting of one T2 and four T1 apartments. All rental units are fully equipped to provide a comfortable stay, featuring functional kitchens, welcoming living areas, comfortable bedrooms and private terraces. The bathrooms have been recently renovated, with underfloor heating and elegant microcement finishes.The property's layout offers exceptional versatility, allowing for a variety of potential uses. Subject to the necessary adaptations, the spaces could be internally connected to create a large private residence, ideal for an extended family or for those wishing to combine private living with a hospitality business.Outside, a magnificent 14 x 7-metre swimming pool, surrounded by a spacious terrace with sea views, provides the perfect setting for relaxation and leisure. The gardens, harmoniously integrated into the natural surroundings, offer several secluded areas for privacy and contemplation. The approximately 11,400 m² plot also presents significant potential for developing new outdoor experiences, wellness activities or nature-based tourism projects, subject to the relevant licences and authorisations.A few metres from the main house, a detached chalet offers the possibility of accommodation for staff, caretakers or resident managers, allowing the property's daily operations to be overseen while preserving the privacy of both owners and guests.Designed with modern and efficient management in mind, the property is equipped with mobile-controlled automation systems, including presence monitoring, CCTV, video entry and air-conditioning control, providing greater convenience, security and energy efficiency.Combining the character of a charming property, an established hospitality business, a privileged natural setting and an extensive plot with numerous possibilities, this is a distinctive opportunity for investors seeking to continue an exclusive hospitality concept or develop a bespoke project in the Algarve. The flexibility of the accommodation also offers the possibility of creating a substantial private residence while retaining the option of independent tourist accommodation.A private retreat, a business with a history and a place with room to grow a truly distinctive opportunity in the heart of the Algarve. Energy Rating: B ref:HAB_834
Advertiser reference : 120865173Le Figaro Properties reference : 109419277

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House with pool and garden Estoi (Portugal)

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