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Which properties for sale in the East Algarve offer two homes and rental potential?

Villa in Estói

ref. VM2481
11.037.170SEK
  • F
  • 3
  • 3
  • 242m2
  • 5.840m2

For buyers seeking two homes with rental potential in the East Algarve, this renovated Estoi property is for sale at €990,000. The purchase includes two independent traditional Quintas, three bedrooms, three bathrooms and 242 m² of combined living space. Their turnkey, furnished condition allows an owner to use one house while considering rental use for the other, subject to applicable rules. Both dwellings were renovated during 2025 and 2026. The main Quinta combines restored Portuguese character with a modern open-plan kitchen and a living room centred on a historic fireplace. It has two en-suite bedrooms, a family bathroom and a laundry or storage room. The second Quinta has its own lounge, dining area, open kitchen and en-suite bedroom. This separation offers flexibility for visiting family, longer-term guests or potential holiday accommodation. Outdoor living is supported by a private heated pool with a heat pump. The pool measures approximately 4.5 by 4.5 metres and has a tiled infinity-edge design. A rooftop terrace opens to panoramic views across the countryside, hills, mountains and distant sea. Fruit trees, rustic land and a centuries-old olive tree reinforce the property's authentic rural setting. The shaded dining area beneath the olive tree is ideal for relaxed meals in nature. Fenced grounds, a well, mains electricity and mains drainage add practical value. Double glazing, air conditioning and internet connection support comfortable residential use. Estoi village lies roughly 2.7 km away for local services and traditional Algarve surroundings. Faro Airport is 13.3 km away, with beaches approximately 26.1 km from the property and golf around 23.2 km distant. The layout and location may support a diversified rental strategy, although occupancy, operating costs and returns should be assessed professionally. Contact us today to explore this versatile East Algarve investment opportunity.

Usage
Residential
Type
Villa
Town
Estói
Parish
Conceição e Estói
Municipality
Faro, Faro
Region
Algarve (Central)
Construction Year
1940
Renovation Year
2025
Rooms
5
Bedrooms
3
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
242 m²
Plot Area
5.840 m²
Tarmac, Country Road, Driveway, Manual Entrance Gate, Easy Access, Turning Space
Private Parking, Parking outdoors
Lounge/Dining, Sta Catarina Tiles, Patio Doors, Terrace
Roof Terrace, Countryside views
Open Plan, Kitchen/Dining, Fully Fitted, Modern, Electric Hob/Oven, Fridge/Freezer, Dishwasher, Washing Machine, Water Heater
Storage, Laundry
3 on Ground Floor, En-Suite, Fitted Wardrobe, Dressing Area
1 Family Bathroom, Guest Toilet
Fireplace, Log/wood burner, AC in Bedrooms
Borehole, Mains electric, Mains drainage
Double glazing
Private, 4.5x4.5m, Infinity edge, Tiled, Above ground
Private, Landscaped, Walled, Fenced, Trees, Fruit Trees, Outdoor lighting
Countryside View, Hill view, Sea View, Panoramic View
2 typical, old Portuguese houses have been renovated with much love for detail and charm. They are situated in stunning nature with sea views from a distance and are not far from the village of Estoi. They are sold turnkey with furniture and are ideal for permanent residence or also very well suited for rental. With fruit trees, beautiful nature, and rustic land, this property meets all requirements for countryside living in nature.

• Living area 242m²
• Plot area 5840m²
• 3 bedrooms, 3 bathrooms
• Renovation year 2025-2026
• Fully equipped open kitchens
• Laundry/storage room
• Rooftop terrace

This property offers spacious living in 2 houses. Care was taken during the renovation to restore the original features of the old "Quintas."

Main Quinta:
• Living room with a historic fireplace
• Modern, open kitchen
• Covered terrace with sea view
• Dining area
• Two bedrooms with en-suite bathrooms
• Family bathroom
• Laundry/storage room

Second Quinta:
• Living room and dining area
• Open kitchen
• 1 bedroom with en-suite bathroom

Outside:
• Garden
• Small Heated pool: Chlorine pool with a heat pump
• Bucolic dining area: an intimate spot in the shade of a centuries-old olive tree
• Sun terrace
• Rooftop terrace: panoramic point, ideal for morning yoga sessions and evening aperitifs with views of the sea and mountains
• Utility room: includes a technical area and laundry facilities, which also contain the water filtration system.

Amenities

• Air conditioning
• Internet connection
• Two Quintas
• Double-glazed windows
• Above-ground small pool
• Top views
• Fruit trees
• Fenced, rustic land
• Well
• Mains Electricity
• Mains Drainage

Location

• Distance to the beach 26.1 km
• Nearest golf course 23.2 km
• Distance to the airport 13.3 km
• Nearest town 2.7 km
• Nearest international school 19 km
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