€860,000

Faro

Overview

SUMMARY: Discover an opportunity with this Faro house for sale and available for €860,000. This could be your next ideal home or a smart investment. More details await.

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. Energy Rating: E #ref:W-02MIJC - W-02MIJC - Engel & Völkers Faro-Tavira

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Details

  • Beds: 12
  • Baths: 6
  • Price: €860,000
  • Internal Reference No.: 75177485
  • Area: 751 m2

Location

Marketed by:

  • Engel & Völkers Faro-Tavira
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