Boutique City Villa with Pool - Estoi, Algarve
Historic property in the centre of Estoi with 164 m² of registered construction and an approved project for a 4-bedroom villa. Located 150 m from the Palácio de Estoi and only 15 min from Faro Airport, this project offers authentic character, modern comfort, and strong investment potential in one of the Algarve’s most charming villages.
A Unique Investment in the Algarve’s Heritage
This traditional villa offers a rare opportunity to restore an authentic piece of Estoi’s architectural heritage. The property currently consists of 164 m² of registered construction area, set on a 196 m² plot, with an approved architectural project allowing its transformation into a refined 4-bedroom home with modern features, preserving the historic façade and original character.
Located only 150 meters from the Palácio de Estoi, this property combines history, charm, and investment potential in one of the Algarve’s most picturesque settings.
Property Highlights:
- Existing registered construction area of approximately 164 m², with approved project for a 4-bedroom luxury villa with a total gross construction area of 335 m²
- Distributed across two floors, with potential for an attic conversion of 136 m²
- Lift structure already in place for future installation
- Charming views over the palace gardens from the upper level
Approved Project Layout:
- Ground Floor: Garage for 2 cars, games room or wine cellar, and guest bathroom
- First Floor: Open-plan living, dining, and kitchen area, 3 bedrooms (2 en-suite), 3 bathrooms, 10 m² swimming pool, and a 46 m² terrace
- Attic: Private master suite with panoramic views and total seclusion
Investment Options:
Option 1: Purchase as-is with approved project (€600,000)
Option 2: Turnkey completion with full project management and choice of finishes (€1,500,000)
A rare opportunity to own a historic property with an approved project, ideal for restoration, personal residence, or investment in a sought-after Algarve village.
Why Estoi?
Estoi is one of the Algarve’s most charming and historic villages, known for its peaceful atmosphere, cobbled streets, and cultural landmarks such as the Palácio de Estoi and the Roman ruins of Milreu.
The location offers the perfect balance between authenticity and convenience:
15 minutes to Faro International Airport
20 minutes to the Eastern Algarve beaches
25 minutes to Quinta do Lago and Vale do Lobo golf resorts
30 minutes to Tavira and Olhão
Estoi is increasingly attracting buyers seeking cultural heritage properties and boutique restoration projects, positioning it as one of the Algarve’s emerging investment areas.
Lagos Homes proudly presents this historic opportunity in Estoi, where heritage meets potential.
Contact us today for detailed plans or to arrange a private viewing.
Property Features
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Heating
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Washing machine
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Dishwashing machine
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Air conditioning
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Fitted wardrobes
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Under floor heating
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Equipped kitchen
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Safe
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Pool
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Proximity: Airport, Restaurants, City, Hospital
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Furnished
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Built year: 2016
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Floors: 3
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Wine cellar
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Views: Mountain views, Village view
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Lift
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Double glazing
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Parking space
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Energetic certification: C
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Solar orientation: West
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Mains water
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Renovation year: 2016
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