Engel & Völkers
A white building with wooden doors and windows lines a cobblestone street. A tree with bare branches stands in front.

Historical Manor House in Estoi – Investment Opportunity

€860,000
  • 25 Rooms
  • 12 Bedrooms
  • 6 Bathrooms
  • ~751.2 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
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Engel & Völkers Faro-Tavira

Your advisor: Iris Soares

Property ID: W-02MIJC

Property details
  • Object type

    Special property

  • Condition

    Partly Rehabilitated

  • Rooms

    25

  • Bedrooms

    12

  • Bathrooms

    6

  • Number of Floors

    3

  • Total surface

    ~751.2 m²

  • Plot surface

    ~1,161 m²

  • Flooring

    Tiles, Wooden floor

Energy efficiency information
  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

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.

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