Description

FANTASTIC INVESTMENT OPPORTUNITY!!
CLASSICAL TOWNHOUSE OF 30 ROOMS WITH A GARDEN OF 1.610,00 SQ. M. IN THE HISTORICAL PART OF ESTOI VILLAGE

LOCATION
This very large traditional townhouse is located in the historic centre of the old village of Estoi. In the immediate vicinity is the luxury Pousada Hotel Palácio of Estoi. The Museum Milreux is located approximately 10 minutes walking from the property.
The International Airport, the city of Faro and the nearest beaches are both approximately 15 minutes away. Spain can be reached within 40 minutes.

TYPE OF PROPERTY
This elegant townhouse built in the 19th century has been recently partly renovated. The main part of the house is built on two levels. On the ground floor there are multiple rooms and a long corridor which leads to a large garden. The first floor consists of a long central corridor with rooms facing to each side.
The property consists of two separate houses joined into one. They have separate registration numbers and therefore can be utilized as two townhouses or large single dwelling. The house has a very large roof terrace with two rooms and splendid views included the coast.
The total construction area for the houses is 751.20 sq.m.. (one = 296.90 sq.m. the second = 454.30 sq.m). The property is connected to the mains sewer and water system.

ACCOMMODATION
Ground Floor:
Kitchen 2
Rooms 9
Bathroom 1
WC 2
Storage Rooms 3
Terraces
Garden
Garage
First Floor:
Kitchen 2
Bathroom 1
WC 2
Rooms 10
Storage rooms 2
Terrace 3
Roof Terrace
Rooms 2

GENERAL FEATURES
Traditional wooden doors and windows
Some wooden floors and ceilings
French balconies on the front side of the townhouse
Fire place in the living/dining area (main part of the townhouse)
Bread oven
Large walled garden
Energy Performance Rating G

COMMENTS
The property has many possibilities.
1)It can be converted into two separate town houses.
2)A separate apartment created on the first floor with its own access.
3)A very well positioned Boutique Hotel in the heart of ancient Estoi.
The major electrical and plumbing infrastructure has been completed and the remaining renovation is superficial which may suit some clients that like to choose their own finishes/colours tiles, etc.
This beautiful townhouse is finished to a high standard, retaining many original features such as traditional wooden doors and windows, some wooden ceilings and others finished with mini-brick work, some wooden floors and other floors made of traditional tiles. It represents an unusual combination of traditional style with a modern finish and a lot of atmosphere and charm. From the roof terrace you have fantastic views of the surroundings and the Atlantic coast.
There are remains of stables for horses and carriages in the walled garden.
The plot of land of 1.161,00 sq. m. supports many mature Mediterranean trees including Almond, Fig, Citrus and Vines, as well as various shrubs and flowers.
The shops, bars, restaurants, banks, post-office, etc. are within walking distance.
This is a unique opportunity to acquire a property in a very exclusive area which has a vast array of different potential uses.