Discover a remarkable investment opportunity in the charming historic town of Estoi, just moments from Faro. This versatile three-story property offers a blend of preserved traditional features and modern comfort, making it an ideal rental venture. Situated in the heart of Estoi’s picturesque center, the property is in impeccable condition and conveniently located just steps from the renowned Pousada. The ground floor features an operational restaurant with fully equipped kitchen facilities, providing an instant income stream. A side entrance leads to the first floor, where you'll find a beautifully restored two-bedroom apartment showcasing high vaulted ceilings, terracotta flooring, and authentic Algarvian wooden shutters. The open-plan living area boasts a contemporary loft-style design, integrating a dining space, lounge, and corner kitchen, all opening onto a spacious terrace with built-in BBQ and utility room—perfect for outdoor entertaining. This floor also includes two bedrooms and a bathroom. The top floor comprises a standalone studio-style apartment featuring a combined living area, kitchen, mezzanine bedroom, and a stylish bathroom. An inviting terrace offers spectacular views over the town, including glimpses of the ocean. Built with high-quality materials throughout, this turnkey property requires no additional work and is ready for immediate rental. An exceptional opportunity for investors seeking a unique, character-filled property with strong income potential in one of Algarve’s most charming locations. *Please note that features and equipment are subject to verification and agreement with the vendors. REF: TVR3204S

Commercial property

Data source: https://www.rightmove.co.uk/properties/166576682?currencyCode=GBP#/?channel=OVERSEAS