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COMMERCIAL

Algarve, Estói, Portugal

£1,619,250
€1,875,000
Divine Home, Portugal
PROPERTY TYPE

Commercial Property

BEDROOMS

7

BATHROOMS

7

SIZE

6,534 sq ft

607 sq m

Key features

  • 7 bedrooms
  • Total area: 11400 sqm
  • House area: 607 sqm
  • Swimming Pool
  • Air conditioning
  • 7 bathrooms
  • Sea views
  • Construction year: 2013

Description

Nestled in the countryside with beautiful sea and country views, is this wonderful business opportunity.

Approach this 2-level property via a cobble stone driveway and through lush gardens. On the top level, half of it is the owner’s accommodation comprising a spacious kitchen, large living/dining room, bedroom and en-suite bathroom. The fabulous central atrium with feature cane and beam ceiling is the division between the owners’ accommodation and the other half which is comprised of 3 interconnected 1 Bedroom apartments. Enabling effortless modulation of the entire top level to accommodate various configurations, ranging from one, two, or three-bedroom setups to a versatile four-bedroom apartment arrangement through interconnected doors.
On the lower level you’ll find 2 spacious apartments, one of which with 2 bedrooms.
Each apartment boasts self-contained amenities, including a fully-equipped kitchen and a cozy living room, complemented by luxurious underfloor heating in the bathrooms. Additionally, residents can enjoy the privacy of their own terraces, enhancing the comfort and exclusivity of their living spaces.

Outside, the large pool is surrounded by ample terraces all set within mature lush gardens, the stunning views can be appreciated from all sides of the property.

The property is currently being run as a self catering apartment business, that has flourished and achieved steady year on year growth making this an excellent business opportunity. The numbers speak for themselves. Figures available on application.

Set on a plot of 11.400m2 with mature gardens, and a saltwater pool with 14x7 mts, this property offers immense space on 607m2 of total build area, and total privacy for guests and owners. Enjoy the views to the sea and countryside on a 180º circle.

What are you waiting for?! If you want to be a business owner in the Algarve with private accommodation, this is your chance! Book your viewing!


REF: SVP2099A

Algarve, Estói, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    6.8 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Divine Home, Portugal

Do you like a property and are you considering purchasing it in Portugal?

With the 7 steps below you can complete a succesful purchase in Portugal:

1. Location - decide the area that you want to be in

2. Properties - make a selection of properties or choose an agency in Portugal that helps you find the right properties. This agent can also accommodate you on all viewings. Always choose an agent with an official AMI-license number in Portugal. We are happy to explain more about the buying service.

3. Viewings - once you have booked your flights, pre-book the viewings for the properties you wish to see. If you choose a buyer agent to work for you, the agent can schedule all visits for you.

4. Offer - when you have found the right property, you put in an offer to come to agreement with the seller

5. Choose the right lawyer - when purchasing in Portugal it is important to have a good, trustable, communicative lawyer. The lawyer is your legal advisor on the purchase.

6. Sign a promissory contract; onceit is important that this contract contains all the necessary conditions for you. When signing this contract the purchase is legally binding under the conditions of the contract. In the contract the date for the title deed at the notary is mentioned; this is the moment where you will receive the keys and become the owner of the property.

7. Title deed - before going to the notary to sign for the title deed, it is advisable to check the house on the day of the title deed and write down the meter readings to have all utility contracts being transmitted from the vendor to yourself. This avoids being disconnected which can take 2-3 weeks to get connected again to water or electricity.

Do you want help in finding the right property for you? We are happy to explain to you how we can help. Navigating a foreign market is easier with a local expert on your side.

Contact us via the phone number(s) or email address shown on the page and we will help you find your dream home purchase successfully!

Divine Home – with 4 offices spread in the Algarve and the Alentejo

AMI-license: 11606

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_SVP2099A) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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