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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!

Antonio Martins

English Portuguese German French
Sales Representative
Habita Algarve
On sick leave
Selling price
€225,000 ($235,773)
Rooms
6
Bedrooms
5
Bathrooms
2
Living area
1237.8 sq ft

Basic details

Listing number 647436
Selling price €225,000 ($235,773)
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

No fees.

Purchase costs

Transfer tax €6,747 ($7,070) (Estimate)
Property Transfer Tax (IMT)
Taxes 0.8 % (Estimate)
Stamp Duty Tax (Imposto de Selo)
Notary €500 ($524) (Estimate)
Registration fees €270 ($283) (Estimate)

This is how the buying of your property starts

  1. Fill out the short form and we will arrange a meeting
  2. Our representative will contact you without delay and arrage a meeting.

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