€600,000

Set in the heart of the historic village of Estoi, just 150 metres from the iconic Palácio de Estoi, this unique property offers a rare opportunity to restore a traditional manor house with an approved project for a contemporary luxury villa. The existing property spans 335 m² across two floors, complemented by a 136 m² attic with lift already installed, all set on a 196 m² plot with views over the palace gardens. The approved project allows for the creation of a refined 4-bedroom villa, including three en-suite bedrooms, designed to maximise space, light and modern comfort. Plans include generous open-plan living areas, seamless indoor-outdoor flow, and carefully considered architecture that blends historic character with contemporary living standards. Additional features include a private swimming pool, a 46 m² terrace ideal for outdoor dining and relaxation, and a garage with space for two vehicles. The property offers flexibility to either acquire the house in its current state with the approved plans or opt for a full turnkey completion with tailored finishes, managed to a high standard. Located just 15 minutes from Faro Airport and within easy reach of the Eastern Algarves beaches, this property presents an excellent opportunity for both permanent living and investment. Estoi is known for its authentic charm, strong growth potential, and peaceful setting, making this a compelling choice for buyers seeking a distinctive home in the Algarve. Contact us today to arrange a viewing. Energy Rating: C - Historic manor house located in the centre of Estoi - 150 metres from Palácio de Estoi - Existing built area of 335 m² over two floors - Additional 136 m² attic with lift installed - Plot size of 196 m² with garden views - Approved project for a 4-bedroom luxury villa - Three en-suite bedrooms in proposed design - Private swimming pool and 46 m² terrace - Garage with space for two vehicles - Two purchase options: project or turnkey completion