Property with poolAlgarve (Portugal)

Price :

$2,059,600

USD

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

Surface600 m²bedrooms7 bathrooms10 land1.1 ha

Discover the charm and spaciousness of this traditional Algarvian residence, nestled within a lush one-hectare garden in the tranquil Estoi area, offering captivating views of the countryside and sea. As you approach the property, a meandering cobblestone driveway leads you to the main house. This unique home boasts an original design inspired by the malta cross, with one of its standout features being the central atrium. This atrium serves as a divide between the owner's large, secluded one-bedroom apartment and five distinct apartments. On the eastern wing of the residence, you'll find five well-appointed one and two-bedroom apartments, each thoughtfully furnished and equipped. Select units feature connecting doors to be able to change the layout. All apartments have independent access and private terraces, providing the potential for effortless conversion into a spacious family home. Additionally, the property includes a separate annex. The property also boasts an inviting expansive pool area, ideal for indulging in the delightful Algarvian climate and relaxation. This property offers boundless opportunities for the discerning buyer and is sold with the apartments fully furnished and equipped. Under the current ownership, a thriving boutique self-catering apartment business has flourished, achieving steady year-on-year growth. Managed by the current owners, this establishment consistently garners exceptional ratings ranging from 9.4 to 9.8 on Booking.com. For those interested in taking over, there is an option to purchase current running business. Comprehensive details can be provided to interested parties. This property is ideal for those seeking a spacious family home, as well as for those looking for a property with excellent business potential. The separate apartments can be used as short-term or long-term rental investments, offering flexibility and income opportunities. Located only 20 minutes from Faro Airport and the picturesque coastline, this property enjoys a prime location between the charming village of Estoi and the growing town of Sao Bras de Alportel. Don't let this exceptional opportunity slip through your fingers. Contact us now for more information and to schedule a viewing! Ref: PP173667 Property Features * Villa * Swimming pool * 7 bedrooms * 10 bathrooms * Air conditioning * Garden * Furnished * Parking * Reception room * Terrace/Balcony * BBQ * Laundry room * Storage room * Spacious * Features great views * Sea view * Morning sun * Evening sun * Near bars/restaurants * Near schools * Near shops