Surrounded by the tranquillity of the Algarve hills, where silence, fresh air and nature create a truly special atmosphere, this charming property enjoys sea views and offers a private retreat for those seeking authenticity and a close connection with nature, without sacrificing access to essential services.Located between Estoi and São Brás de Alportel, the property benefits from tarmac road access and is less than 10 minutes from both towns. Restaurants, supermarkets, shops and cultural landmarks, including palaces, churches, Roman ruins and scenic viewpoints, are all nearby. 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 tourism operations under the current owners, this charming accommodation business benefits from an established concept and a proven operating history. Financial results from recent years may be made available to genuinely interested buyers following a property visit.The property comprises six main apartments: a spacious private T1 residence for the owners, with over 200 m² of interior space, and five tourist accommodation units one T2 and four T1 apartments. All feature equipped kitchens, comfortable living areas and private terraces. The bathrooms have recently been renovated, with underfloor heating and elegant microcement finishes.One of the property's most distinctive features is the flexibility of the upper-level apartments, which are already interconnected by communicating doors. Simply opening or closing these doors allows the units to be combined into configurations ranging from a T1 to a T4, adapting to changing needs and separating them again whenever desired. This makes it possible to alternate between a spacious family residence and independent tourist accommodation units without construction work.Outside, a magnificent 14 x 7-metre swimming pool and a spacious terrace with sea views provide the perfect setting for relaxation and leisure. The gardens offer private spaces for relaxation and contemplation, while the approximately 11,400 m² plot presents considerable potential for outdoor experiences, wellness activities or nature tourism projects, subject to applicable authorisations.As an additional bonus, the property includes a separate cottage providing a seventh T1 accommodation unit, in addition to the six main apartments. Equipped with a kitchenette, WC and shower room, it is available for use, although it is not currently operated as tourist accommodation. It is ideal for staff, caretakers, guests or family members, or as an independent private space.Designed for modern and efficient management, the property also features smartphone-controlled automation systems, including presence monitoring, video surveillance, video entry and climate control.Combining an established tourism business, a privileged natural setting, exceptional flexibility and extensive grounds with multiple possibilities, this is a unique opportunity for investors wishing to continue an exclusive hospitality concept or develop a bespoke project in the Algarve.A private retreat, a business with a history and a place with room to grow a distinctive opportunity in the heart of the Algarve. Energy Rating: B ref:HAB_834

House with pool and gardenEstoi (Portugal)
Price :
$1,892,800
($4,433 / m²)
Surface427 m²bedrooms7 bathrooms7 land1.1 ha

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