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Row house / terraced house, Rua dos Ferradores, nº 1, 3, 5 e 7
8005-471 Estoi
Building to Refurbish in Estói Village Center
In need of restoration, this fantastic, old, corner building, with 6 rooms & 2 bathrooms, was originally 4 separate houses. The house spans 2 floors, with a large roof terrace on 2 levels, giving fabulous panoramic views across the towns & countryside to the ocean sparkling in the distance. This is an excellent opportunity to turn this tired old traditional house into a fresh & modern new home. If you want to embrace the typical Portuguese lifestyle this property is in the perfect location in a small, pretty, sleepy village with a relaxed atmosphere. Must be seen to be appreciated. Book today!
Selling price
€235,000 ($247,349)
Rooms
6
Bedrooms
5
Bathrooms
2
Living area
1237.8 sq ftBasic details
| Listing number | 647436 |
|---|---|
| Selling price | €235,000 ($247,349) |
| Rooms | 6 |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Living area | 1237.8 sq ft |
| Total area | 2217.4 sq ft |
| Area of other spaces | 979.5 sq ft |
| Description of living spaces | Spanning 2 floors, this large old house for renovation has 6 rooms & 2 bathrooms. |
| Description of other spaces | There is a large roof terrace which is set on 2 levels and offers exceptional panoramic views of the surrounding towns, mountains, countryside & the sea. |
| Area description | Estoi is a typical, sleepy, Portuguese town, 10km inland, where you will find the Milreu Roman Ruins, some of the oldest Roman Ruins, dating back to the 1st - 2nd centruy. The fariytale pink Palácio de Estoi is an old palace turned into a luxury hotel with stunning landscaped gardens, which are something of a tourist attraction, even for people who are not hotel guests, the gardens & ground floor can be visited by everyone. There is a Neo-classical, 15th centruy church in the village centre with some unusual features. The village of Estoi is surrounded by larger towns in the Eastern Algarve, such as Faro, with the main international airport servicing the algarve, a pretty town centre, glamourous marina & stunning beaches. Also close to Olhão, São Bras de Alportel & Moncarapacho. Estoi is a beautiful, traditional village & the perfect place in the Algarve to observe the 'true' Portugal. |
| Measurements verified | No |
| Measurements based on | Articles of association |
| Floor | 1 |
| Residential floors | 2 |
| Condition | Unhabitable |
| Views | Neighbourhood, Countryside, City, Mountains, Sea, Nature |
| Floor surfaces | Tile |
| Wall surfaces | Paint |
| Bathroom surfaces | Tile |
| Description | This large, old building, consisting of 4 houses, is for restoration in the heart of Estoi village. Spanning 2 floors with a roof terrace on 2 levels, giving panoramic views. An excellent investment! |
| Additional information | There is currently, no parking available at this porperty, but with all amenities such as cafes, restaurants, municipal market, schools, pharmacy, health centre & hospital all in the local vicinity a car is not a necessity. There is also a bus route into Faro. If you have a car, there is easy access to the A22. |
Building and property details
| Construction year | 1950 |
|---|---|
| Inauguration | 1950 |
| Floors | 2 |
| Lift | No |
| Roof type | Flat roof |
| Ventilation | Natural ventilation |
| Foundation | Rock |
| Energy certificate class | No energy certificate required by law |
| Building materials | Brick, Concrete |
| Roof materials | Ceramic tile, Concrete tile |
| Facade materials | Plaster |
| Terrain | Gentle slope |
| Road | Yes |
| Land ownership | Own |
| Planning situation | No plan |
| Municipality engineering | Water, Sewer, Electricity |
Services
| Shopping center |
6.8 mi, Mar Shopping - Almancil https://www.marshopping.com/pt-pt/algarve |
|---|---|
| Grocery store |
0.1 mi, Mini Market |
| Grocery store |
0.3 mi, Municipal Market |
| School |
0.2 mi, Escola Básica Poeta Emiliano da Costa |
| School |
0.3 mi, EB2,3 Poeta Emiliano da Costa |
| School |
0.4 mi, EB1 de Estoi |
| Health center |
0.2 mi, Joaquim Chaves Saúde - Estoi/Análises Clinicas |
| Hospital |
0.2 mi, Unidade de Cuidados Continuados Milreu |
| Restaurant |
0.1 mi, There are several cafes, bars & restaurants in the local vicinity |
| Park |
0.2 mi, Jardim do Palácio de Estoi |
| Park |
0.6 mi, Milreu Roman Ruins |
| Park |
11.2 mi, Aquashow Waterpark - Quarteira https://aquashowpark.com/en/ |
| Park |
7.8 mi, Parque Natural da Ria Farmosa - Nature Reserve |
| Golf |
12 mi, San Lorenzo Golf Course |
| Golf |
10.8 mi, Quinta do Lago South Course |
| Golf |
7.7 mi, Quinta do Lago Larangal Course |
| Marina |
6.3 mi, Marina de Faro |
| Marina |
16.8 mi, Marina de Vilamoura - Quarteira |
| Beach |
10.5 mi, Praia da Fuseta |
| Beach |
9.3 mi, Praia de Faro |
Public transportation access
| Train |
6.9 mi, Faro Train Station |
|---|---|
| Bus |
0.1 mi, Line: 65 |
| Bus |
0.2 mi, Lines: 61 & 65 |
| Airport |
7.5 mi, Faro Airport https://www.aeroportofaro.pt/pt/fao/home |
Fees
Purchase costs
| Transfer tax |
€9,205 ($9,689) (Estimate) Property Transfer Tax (IMT) |
|---|---|
| Taxes |
€2,000 ($2,105) (Estimate) Stamp Duty Tax (Imposto de Selo) |
| Notary | €850 ($895) (Estimate) |
| Registration fees | €300 ($316) (Estimate) |
This is how the buying of your property starts
- Fill out the short form and we will arrange a meeting
- Our representative will contact you without delay and arrage a meeting.
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