Set over three floors in the heart of Estois historic centre, this character property combines commercial premises with two independent apartments, creating an appealing opportunity for buyers looking for a home with income potential or a ready-made investment in the Algarve. Beautifully preserved and carefully restored, the property retains many traditional features and is just a short walk from the Pousada de Estoi, with attractive views across the surrounding rooftops and towards the coast from the upper level.
The ground floor is currently arranged as a functioning restaurant with its own kitchen facilities, while a separate side entrance provides independent access to the residential accommodation above. The first-floor apartment has been thoughtfully restored and features high vaulted ceilings, traditional terracotta flooring and internal wooden shutters. Its loft-style open-plan living space incorporates a lounge, dining area and kitchen, alongside two bedrooms and a bathroom. The top floor offers a spacious studio-style apartment with kitchen, generous living area, bathroom and a mezzanine sleeping area.
Both residential levels benefit from private outdoor space. The first-floor apartment opens onto a large terrace with a built-in barbecue and separate utility room, providing an inviting setting for outdoor dining and entertaining. The upper apartment also has its own attractive terrace, enjoying views over Estois traditional rooftops and towards the ocean. Quality materials have been used throughout, while the combination of preserved architectural details and comfortable modern living gives the property an authentic Algarve character.
With commercial space and two separate residential units under one roof, this property offers considerable flexibility for rental income, hospitality use or a combination of business and private accommodation, subject to the relevant licences and permissions. Its central Estoi location, individual character and ready-to-use condition make it particularly appealing to investors looking for a distinctive property close to Faro. Contact us to arrange a private viewing and discover the potential of this unique mixed-use property.
Features and fittings mentioned are subject to agreement and verification between the vendor and the buyer.
Energy rating: B-
- Character Property in Estoi historic centre
- Mixed-use investment with commercial and residential accommodation
- Functioning ground-floor restaurant with kitchen facilities
- Independent first-floor two-bedroom apartment
- Upper studio-style apartment with mezzanine sleeping area
- Traditional terracotta floors, vaulted ceilings and wooden shutters
- Private terraces serving both residential apartments
- Built-in barbecue and separate utility room
- Rooftop and distant ocean views from the upper terrace
- Ready-to-use property with strong rental and commercial potential - REF: TVR3204Z
