My Portugal Property

My Portugal Property

Create a My Portugal Property profile

It's free to use and allows you to:

  • Receive email alerts for relevant properties
  • Save & Rate your favourite properties
  • Save relevant searches

My Portugal Property

Create account


My Portugal Property

Reset your password

My Portugal Property

Reset your password

We have sent you a link to reset your password - please check your email account.

Unique Property in the Algarve -   as Residential or B&B
See the gallery
Rotate to
see gallery
Key information Make an enquiry

€ 1,975,000 £ 1,692,318 $ 2,141,966

Reference PP173667

Estoi, Eastern Algarve

Villa

7 Bedrooms

Built in: n/a

600m2 Build size

€ 3,292 £ 2,820 $ 3,570 / m2 build

11,400m2 Plot size

€ 173 £ 148 $ 187 / m2 plot

Unique Property in the Algarve - as Residential or B&B

From

€ 1,975,000 £ 1,692,318 $ 2,141,966

Save property Saved
Rate property
Write a note

Key information

Reference: PP173667

Villa

Estoi, Eastern Algarve

7 Bedrooms

10 Bathrooms

Ownership Status: Private

Built in: n/a

600m2 Build size

€ 3,292 £ 2,820 $ 3,570 / m2 build

11,400m2 Plot size

€ 173 £ 148 $ 187 / m2 plot

Experience the charm and spaciousness of this traditional Algarvian residence, nestled within a lush one-hectare garden in the tranquil Estoi area, offering captivating vistas 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, presently serving as the divide between the owners large and secluded one-bedroom apartment and the five distinct apartments.

Located on the eastern wing of the residence, you will discover five well-appointed one and two-bedroom apartments, each thoughtfully furnished and equipped, with select units featuring connecting doors. All apartments possess 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. A loyal customer base returns annually, making it an appealing investment prospect for those seeking both a stunning residence and a lucrative income opportunity. To anyone interested in taking over, there will be the possibility to further purchase the equipment (including a fleet of guest-rented cars and machinery to tend to the gardens), the book of business, which already boasts several bookings for 2024, and the website. The business currently focus on short term holiday lets, but could also be converted into long term rentals for D7 visa seekers or retirees. Comprehensive details can be provided to interested parties.

Only 20 minutes from Faro Airport and the picturesque coastline, this property enjoys a prime location between the charming village of Estoi and the burgeoning town of Sao Bras de Alportel.

Don't let this exceptional opportunity slip through your fingers.

Contact us now to schedule a viewing!

Features

  • Pool
  • Air conditioning
  • Garden
  • Parking
  • Reception room
  • Terrace/Balcony
  • BBQ
  • Laundry room
  • Storage room
  • Spacious
  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near school(s)
  • Near shops

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP173667

Villa

Estoi, Eastern Algarve

7 Bedrooms

10 Bathrooms

Ownership Status: Private

Built in: n/a

600m2 Build size

€ 3,292 £ 2,820 $ 3,570 / m2 build

11,400m2 Plot size

€ 173 £ 148 $ 187 / m2 plot

Mortgage Calculator

Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00

Estoi, Eastern Algarve

Estoi itself has a beautiful church, and numerous shops, bars, and restaurants plus a small supermarket.

Read more

Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Mariana Madeira

Make an enquiry Make an offer Request Callback

Make an enquiry


Thank you

We will get back to you as soon as we can.

Close

Request Callback

Thank you

We will call you as soon as possible.

Close

Make an offer

Your offer is non binding and the seller is under no obligation to accept your offer. We will contact you within two working days if you tick the box below. Feel free to contact our team if you have any questions.

Thank you

Your offer is now with the Portugal Property team. If you checked the box to say that you wish to be contacted, we will do so within 24 hours. If you have any questions, feel free to contact us.

Close

Send to a friend

Thank you

You've now shared this property with a friend.

Close

Call us

Why work with us

  Agents
  Offices
  Sales Transactions
$ Billion Approx. Total Sales

In our Global Network
Portugal • USA • Canada • MexicoDubai • London • SpainItaly • Germany • GreeceAruba • Bahamas • IndiaCayman Islands

We use cookies! Read more