Historical Manor House in Estoi – Investment Opportunity

€1,000,000

25 Rooms
12 Bedrooms
6 Bathrooms
751 m² Total surface
1,161 m² Plot surface

Description

This magnificent historical manor house, dating back to 1900, is strategically located in front of the prestigious Jardim Ossónoba, in the heart of Estoi. Its prime location, close to the renowned Pousada Hotel Palácio de Estoi and the Milreu Museum, as well as local shops and tourist attractions, makes this property a unique opportunity for those seeking a home with both history and charm. Features and Potential Use The manor house offers incredible revitalization potential, presenting multiple possibilities for use. Whether envisioned as a luxury residence, a sophisticated boutique hotel, a company's headquarters, or even a cultural space, this property is versatile and adaptable to various needs. Property Specifications -Total Area: 751.20 m², spread over two floors and a terrace, configurable as a single large residence or multiple independent units, with potential for Residential, Commercial, and Service use. -Plot Area: 1,161 m² -Ground Floor: Comprising 2 kitchens, 9 rooms, 3 bathrooms, 3 storage rooms, terraces, a garden, and a garage. -First Floor: Includes 2 kitchens, 10 bedrooms, 3 bathrooms, 2 storage rooms, and 3 terraces. -Terrace: Features 2 additional bedrooms. The building has been partially restored, maintaining its historical and architectural integrity, with a new roof, double-glazed windows, and wooden floors and ceilings. The manor house retains authentic period features that reflect its typical manorial style, including ancient stone flooring, Portuguese tiles, French balconies, a fireplace, a bread oven, an old well, and a large garden with regional trees. There is also the possibility of adding a swimming pool, further enhancing the property's appeal. Investment Opportunity This is a unique opportunity for investors seeking not only a distinguished property but also a business opportunity in one of the Algarve's most charming regions. Contact Us Turn your dream of owning a piece of Estoi's history into reality. Engel & Völkers Faro-Tavira is at your service to provide more information or to schedule a private viewing. Contact us to discover the full potential of this extraordinary manor house.

Features

BalconyGardenPatioTerraceAtticOpen view

Engel & Völkers Faro - Tavira

+351 938 533 413

Your advisor: Iris Soares

Property ID: W-02MIJC

Location: Estoi, Faro District

Estoi is a charming village located in the Algarve region of southern Portugal, just a short drive from Faro. Known for its rich history and traditional architecture, Estoi is home to the stunning Palácio de Estoi, a beautiful 19th-century palace surrounded by manicured gardens. The village's quaint cobbled streets are lined with whitewashed houses, local cafes, and artisan shops, offering a glimpse into authentic Portuguese life. Estoi also features ancient Roman ruins, such as the Milreu ruins, adding to its historical allure. It's a peaceful, picturesque destination that captures the essence of the Algarve's cultural heritage.

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.