Historic Property In Estoi With Investment Potential

Historic villa in Estoi with approved project. Unique investment opportunity to create a luxury home next to the Pousada Palace.

Unique Opportunity in the Heart of Estoi:
- Rare investment opportunity in Estoi, just 150 meters from the iconic Pousada Palace
- Historic manor house that combines architectural heritage with a modern project already approved
- Prime location in one of the most authentic and picturesque villages in the Algarve

Property Features:
- Existing construction area: 335 m² spread over two floors
- Approved project for an elegant 4 bedroom villa with 333 m² of gross floor area
- Attic with 136 m² and lift already installed, ensuring total comfort and accessibility
- Lovely views of the Palace gardens from the ground floor

Distribution of the Approved Project:
- Ground floor: garage for 2 cars, games room/wine cellar and service bathroom
- First floor: open-space living room, dining and kitchen, 3 bedrooms (2 en suite), 3 bathrooms, 10 m² swimming pool and 46 m² terrace
- Attic: luxurious master suite with complete privacy

Investment Potential:
- Option 1: Purchase the property in its current state with an approved project (€600,000)
- Option 2: turnkey solution, with comprehensive management of the work and freedom of choice in finishes (€1,500,000)
- Excellent opportunity to create a dream home in the Algarve or secure a solid real estate investment

Why Invest in Estoi:
- Picturesque village, rich in history and cultural heritage
- Proximity to Faro, the international airport and the beaches of the Eastern Algarve
- An area in increasing appreciation, ideal for luxury real estate and exclusive projects
Energy Rating: C
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