€1,695,000

Set in a peaceful and private area just minutes from the centre of Estoi, this distinctive 6-bedroom colonial-style villa sits on a generous 13,660m² plot with lovely sea views, landscaped grounds and excellent access. Renovated in 2018 and held by the same family for six generations, it is a property with genuine character. Currently operating as a successful holiday rental, it would also suit buyers looking for a substantial family home or an Algarve retreat with proven rental appeal. The villa is arranged over two floors and offers around 400m² of living space. On the ground floor, an entrance hall leads into a split-level sitting and dining room with sliding doors opening onto the south-facing terraces and pool area. This main living space is air conditioned and features an electric fireplace, while the kitchen sits to one side and is supported by a back kitchen with an old oven and a separate storage room. Upstairs, there are four well-proportioned en-suites, three with private balconies, all with fitted wardrobes, individual decorative finishes, floating floors, double-glazed PVC windows, safes and air conditioning. The bathrooms benefit from underfloor heating, and one of the suites includes a bath. A separate section of the first floor provides two additional double bedrooms, both with en suite bathrooms and access to a south-facing terrace. Outside, the property is designed for both relaxed family living and entertaining. The heated swimming pool enjoys coastal views, while the pergola and barbecue area create an inviting setting for outdoor dining. Mature Mediterranean gardens frame the approach to the villa, and the land includes a traditional fenced threshing area as well as a wide variety of established trees, including carob, orange, olive, almond, pomegranate and nespera, along with a vineyard. Additional practical features include a large ground-floor games room with potential to become a self-contained studio, two unregistered studios beneath the pool in need of renovation, a laundry room, extensive parking, solar hot water, reversible air conditioning, mains water with two meters, borehole water, a rainwater cistern and mains drainage. This is a rare opportunity to buy a character villa in Estoi that combines privacy, space and flexibility in a highly convenient Algarve location, just 15 minutes from Faro Airport. Whether you are searching for a main residence, a holiday home or an investment property with income potential, this home offers scale, charm and versatility in equal measure. Contact us to arrange your viewing and explore everything this unique property has to offer. Features and fittings mentioned are subject to agreement and verification between the vendor and the buyer. Energy rating: C - 6-bedroom colonial-style villa in a quiet and private area near Estoi - Renovated in 2018 and held by the same family for six generations - Plot of 13,660m² with approximately 400m² of living space - Sea and coastal views from the house, terraces and pool area - Heated swimming pool with pergola and barbecue area - Split-level sitting and dining room with south-facing sliding doors - 6 en suite bedrooms, including 4 principal suites and 3 balconies - Large games room with potential to create a self-contained studio - Mature landscaped gardens with vineyard and a variety of fruit and native trees - Solar hot water, reversible air conditioning, underfloor heating and excellent access