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Townhouse, Rua dos Ferradores, nº 1, 3, 5 e 7

8005-471 Estoi

Building to Refurbish in Estoi Village Center

In need of restoration, this fantastic, old, corner building, with 12 rooms & 2 bathrooms, two urban articles. 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 your viewing today!

Antonio Martins

English Portuguese German French
Sales Representative
Habita Algarve
On sick leave
Selling price
€199,000 (RF 344,893,393)
Rooms
12
Bedrooms
8
Bathrooms
2
Living area
115 m²

Basic details

Listing number 672683
Selling price €199,000 (RF 344,893,393)
Rooms 12
Bedrooms 8
Bathrooms 2
Living area 115 m²
Total area 206 m²
Area of other spaces 91 m²
Description of living spaces Spanning 2 floors, this large old house for renovation has 12 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 Cadastral certificate
Floor 1
Residential floors 2
Condition Needs renovation
Parking Street parking
Views Neighbourhood, Countryside, City, Mountains, Sea, Nature
Storages Attic storage, Attic
Floor surfaces Tile
Wall surfaces Paint
Bathroom surfaces Tile
Bathroom equipments Bathtub

Building and property details

Construction year 1950
Inauguration 1950
Floors 2
Lift No
Roof type Mansard roof
Ventilation Natural ventilation
Foundation Rock
Energy certificate class In process
Roof materials Ceramic tile
Facade materials Plaster, Stone
Number of buildings 2
Terrain Gentle slope
Road Yes
Land ownership Own
Planning situation No plan
Municipality engineering Water, Sewer, Electricity

Monthly fees

Property tax 109.78 € / year (190,263.3 R₣) (estimate)

Purchase costs

Transfer tax €3,742 (RF 6,485,452) (Estimate)
Imt - Tramission Tax 1st Habitation
Taxes 0.8 % (Estimate)
Stamp Duty Tax
Registration fees €270 (RF 467,946) (Estimate)
Land Register
Notary €550 (RF 953,223) (Estimate)
Notary Fee

This is how the buying of your property starts

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  2. Our representative will contact you without delay and arrage a meeting.

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