HouseConceição e Estoi (Portugal)

Price :

$1,040,700

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface511 m²bedrooms30 bathrooms6

Located in the historic center of Estoi, in the municipality of Faro, this traditional 19th century villa with 30 rooms presents a unique investment opportunity.The property consists of two villas joined into one, and can be transformed into a spacious family home or two townhouse units.In addition, its privileged location in a picturesque village in the interior of the Algarve, just a few minutes from the beach and with breathtaking views of the Algarve mountains, provides the perfect setting for those looking to invest in tourism. Full of special features, as you walk through its rooms and corridors you will be enveloped in an embrace of the past: traditional wooden floors, tiles, French balconies, a fireplace and an old well.Having been partly renovated recently, the property combines traditional charm with modern updates. The main structural work, including the façade, roof, windows and utilities, was completed by a renowned company, leaving the finishing touches to the future owner.It also features a panoramic roof terrace and a lush garden (1610m2) with Mediterranean flora, including almond, fig, citrus and grapevine trees. LayoutFirst floor: 2 kitchens, 9 bedrooms, 1 bathroom, 2 toilets, 3 storage rooms, terraces, garden, garage.Second floor: 2 kitchens, 10 bedrooms, 1 bathroom, 2 toilets, 2 storage rooms, 3 terraces.Roof terrace: 2 bedrooms.Opportunity for boutique stores or a bar on the first floor.This property is located in the heart of the historic center of Estoi, close to the Palace of Estoi and its beautiful gardens, and the Roman ruins of Milreu. It is just 15 minutes from Faro International Airport and the beaches. Local amenities are within walking distance.