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Enchanting 7-Bedroom Villa with Thriving Hospitality Business in Estoi, Algarve
Faro, Faro, Portugal, 8005-437
REF: 946987
€1,875,000
Description
Stunning 7-bedroom estate near Estoi with Maltese-inspired design, lush gardens, pool, panoramic views, and thriving business potential for retreats or B&Bs This exceptional property is a unique opportunity to own a villa with incredible flexibility, charm, and business potential. The villa features six apartments with a total of seven bedrooms. The main apartment, designed for the owner, includes a spacious en-suite bedroom, an open-plan living and dining area with a wood burner, and a large fully fitted kitchen.
The remaining five apartments each have their own entrance, kitchen, living room, and shower room. Three ground-level apartments can connect with each other and the main apartment, while one bottom-level apartment offers two bedrooms. Each space enjoys stunning views while maintaining privacy, making it ideal for family or rental use. A separate cottage can easily be converted into a one-bedroom studio, further enhancing the villa's versatility.
Outside, the property boasts a large saltwater pool (10x7m) surrounded by beautiful gardens, perfect for relaxation. With parking for 10+ vehicles, the villa offers practicality alongside luxury. The villa was built in 1994 and has been renovated between 2018 and 2022, ensuring excellent condition.
Located in central-eastern Algarve, the property is minutes from Estoi s cultural attractions and São Brás de Alportel s amenities, while only 20-30 minutes from Faro, the beaches, golf courses, and major towns like Loulé and Tavira.
For those seeking a turnkey investment, this villa guarantees immediate profitability. It is sold fully equipped and furnished (excluding the main apartment), with complete inventories for all five rental apartments, including quality furniture, appliances, bed linens, and more. Additional features include 3 semi-industrial washing machines, 2 dryers, satellite TV, and fully networked Wi-Fi for both owners and guests.
This versatile property is perfect as a private retreat, a boutique hospitality business, or a combination of both. Schedule your visit today to discover its immense potential.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Stunning 7-bedroom estate near Estoi with Maltese-inspired design, lush gardens, pool, panoramic views, and thriving business potential for retreats or B&Bs This exceptional property is a unique opportunity to own a villa with incredible flexibility, charm, and business potential. The villa features six apartments with a total of seven bedrooms. The main apartment, designed for the owner, includes a spacious en-suite bedroom, an open-plan living and dining area with a wood burner, and a large fully fitted kitchen.
The remaining five apartments each have their own entrance, kitchen, living room, and shower room. Three ground-level apartments can connect with each other and the main apartment, while one bottom-level apartment offers two bedrooms. Each space enjoys stunning views while maintaining privacy, making it ideal for family or rental use. A separate cottage can easily be converted into a one-bedroom studio, further enhancing the villa's versatility.
Outside, the property boasts a large saltwater pool (10x7m) surrounded by beautiful gardens, perfect for relaxation. With parking for 10+ vehicles, the villa offers practicality alongside luxury. The villa was built in 1994 and has been renovated between 2018 and 2022, ensuring excellent condition.
Located in central-eastern Algarve, the property is minutes from Estoi s cultural attractions and São Brás de Alportel s amenities, while only 20-30 minutes from Faro, the beaches, golf courses, and major towns like Loulé and Tavira.
For those seeking a turnkey investment, this villa guarantees immediate profitability. It is sold fully equipped and furnished (excluding the main apartment), with complete inventories for all five rental apartments, including quality furniture, appliances, bed linens, and more. Additional features include 3 semi-industrial washing machines, 2 dryers, satellite TV, and fully networked Wi-Fi for both owners and guests.
This versatile property is perfect as a private retreat, a boutique hospitality business, or a combination of both. Schedule your visit today to discover its immense potential.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Faro, Faro, Portugal, 8005-437
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,875,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,875,000 | £1,544,813 | £1,627,669 | £82,856 |
| Property Price € | €1,875,000 |
| Minimum cost in the last six months | £1,544,813 |
| Maximum cost in the last six months | £1,627,669 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £82,856 |
Faro, Faro, Portugal, 8005-437
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,875,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,875,000 | £1,544,813 | £1,627,669 | £82,856 |
| Property Price € | €1,875,000 |
| Minimum cost in the last six months | £1,544,813 |
| Maximum cost in the last six months | £1,627,669 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £82,856 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £82,856 more.
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