468.000 €
1.337 €/m²
5 Zimmer
Grundfläsche 370 m²
Grundstücke 370 m²
Old Olive Oil Mill with Sea and Mountain Views in the Heart of the Village of Estoi. Located in the charming and authentic village of Estoi, this old olive oil mill is part of the historic centre, just a few steps from the iconic 18th-century palace (now a Pousada de Portugal) and the famous Roman ruins of Milreu, one of the most emblematic archaeological sites in the Algarve. With stunning, unobstructed views over Faro, the Ria Formosa and the mountains, this urban building with a total area of 370 m² is divided into several entrances and independent units, reflecting the traditional Algarve architecture and the unique character of a property that is over a hundred years old. The property comprises: Old wine press and warehouse measuring 80 m², bathroom and courtyard measuring 70 m², with access to the roof terrace (approximately 100 m²); Main house with approximately 216 m², comprising living room, dining room, kitchen, oven room, three storage rooms and two bedrooms, in need of complete renovation; Two independent dwellings with separate entrances on Rua da Barroca: one two-bedroom flat with 45 m² (rented for life) and another one-bedroom flat with 38 m², both with living room, kitchen, bedroom(s) and bathroom. The property, which is wholly owned (not divided), has a solid traditional masonry structure and retains original features of the old wine press, offering enormous potential for renovation and enhancement. With an excellent location, just 10 km from Faro and the airport, with quick access to the A22 motorway and the beaches, Estoi stands out for its authenticity, cultural events (such as the Festa da Pinha and the Feira do Cavalo) and community spirit. A rare opportunity for investors and heritage lovers, ideal for a rural tourism project, local accommodation or residence with history and panoramic views over the Algarve. Excellent investment. Come and see for yourself! #ref:025250105