Full Description
Location: Located in the historic centre of Estoi, municipality of Faro, close to the Estoi Palace, the Roman ruins of Milreu and just 15 minutes from Faro, the beaches and Faro International Airport.
Type of Property: Historic villa from the nineteenth century, consisting of two joined houses, with a total construction area of 751.20 m², spread over two floors and a panoramic terrace.
Potential Use: The property can be transformed into a large residence or two independent units. It is also ideal for the development of a boutique hotel, commercial space or tourist unit.
Property Layout:
Ground floor: 2 kitchens, 9 bedrooms, 1 bathroom, 2 toilets, 3 storage rooms, terraces, garden, garage.
First floor: 2 kitchens, 10 bedrooms, 1 bathroom, 2 toilets, 2 storage rooms, 3 terraces.
Roof: Panoramic terrace with 2 bedrooms.
Garden and Land: Garden with 1,161 m², with Mediterranean trees such as almond, fig, citrus and vines.
Condition: Part of the property has been recently renovated, including the roof and double windows. Original features such as hardwood and tile floors have been preserved, combining traditional charm with modern updates.
Accessibility: The property is within walking distance of all local amenities, such as shops, bars, restaurants and services. The location allows easy access to the sights and the centre of Faro.
Investment Opportunity: With several possibilities of use, this property offers an excellent opportunity for those looking to invest in a unique property, whether as a residence, commercial space or tourist unit.
Energy Rating: E
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