Commercial Property for sale with 3 bedrooms, Estoi,Investment opportunity: Restaurant and apartment T2 + self -contained studio.

€750,000
  • 3

  • 2

Ref: TVR3204

Required Field

  • in the center of Estoi
  • Perfect for rentals.
  • Immaculate condition.
  • 2 big terraces
  • utility room
  • sea views.
  • Gross areas: 327m² total- apartment 1: 141m², apartment 2: 108m².
  • Year of renovation: 2005, building pre- 1951.
  • EC: B-&C

An amazing opportunity for someone wishing to have a good rental revenue, the property on 3 floors is in the pretty little town of Estoi minutes from Faro.

Located right in the historic centre, the property is in a wonderful state of preservation keeping its traditional features. It is just a few steps from the beautiful Pousada in Estoi.

On the ground floor, there is a functioning restaurant with kitchen facilities.

A side door leads onto the first floor which is a very well restored apartment with high vaulted ceilings and many retained Algarvian features such as terracotta floors and inside wooden shutters.

The living area is a trendy loft style open space with corner dining area and a lounge and corner kitchen. This leads to a big terrace outside with built in BBQ and utility room.

There are 2 bedrooms and 1 bathroom.

On the top floor is a second apartment which is a studio like apartment with kitchen, vast living space & mezzanine with a bedroom. It has one bathroom and an attractive terrace with gorgeous views towards the ocean and the roof tops of the town.

The whole property has been built with quality materials and is ready to be rented out with no further work.

*The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.

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Please note that the pin on the map above does not represent the exact location of this property. The true location is within 0.25 – 0.5 miles of the pin.

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