Estoi, Algarve, Portugal

€825,000
4 5

Key features

  • Residents parking
  • Garage
  • Swimming pool
  • Detached
  • House

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Other info

  • Council Tax Band: Ask agent
  • Lease expiry date: Ask agent
  • Lease length remaining: Ask agent

Ref no: INT230100

Sell | House | 4 bedrooms | 250 sqm | 6880 sqm Land | Swimming pool. Magnificent 4-bedroom property located near Estoi.
Sell | House | 4 bedrooms | 250 sqm | 6880 sqm Land | Swimming pool

Magnificent 4-bedroom property located near Estoi. Positioned on a hill, this property offers complete privacy and magnificent views of the countryside.

With quality construction and comfort, you will find in this villa 4 bedrooms, all en-suite. On the ground floor, there is a fully equipped kitchen with direct access to the BBQ area and terraces. The living room features a fireplace, and there are 2 en-suite bedrooms, with one of them being considered the Master suite, spanning over 40m2. On the first floor, there are 2 en-suite bedrooms with built-in wardrobes. The property is equipped with double-glazed windows, air conditioning, underfloor heating, and photovoltaic panels.

Outside, a portion of the land has been landscaped with trees and flowers, creating a tropical ambiance around the heated swimming pool. The property has a borehole, cistern, septic tank, and automatic irrigation system. There is a garage for 2 cars as well.

In the basement, a studio apartment has been created with a kitchenette, living room, 2 bathrooms, and 2 bedrooms, ideal for generating rental income or hosting guests.

The property is 20km from the airport, 20km from the beaches, and 4km from Estoi, where you will find restaurants, cafes, and supermarkets.

The property already has an AL license (Alojamento Local) and offers excellent profitability.

Location

Location:

Between Estoi and Cerro de S. Miguel, with sun exposure preferably to the South allowing a wide view of the field. Ria Formosa Natural Park, beaches and islands.
In its vicinity you can count on the most diverse facilities of commercial services, such as: grocery stores, supermarkets, shopping areas, pharmacies, banks, clinics, gyms, beaches, etc.

Surrounding Area:

Proximity of EN 12

Floor plan

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Floorplan Floorplan Floorplan Floorplan

Stamp duty calculator

£

Total stamp duty

43,750 £

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Mortgage calculator

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Monthly repayments

39,924 £

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.