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Inserted in a plot with 2500m2 is a unique opportunity for a charming B&B in the center of the Algarve! The property consists of 3 urban buildings, one of which has an approved project for reconstruction with 9 bedrooms, several rooms, basement and swimming pool. The construction license is already in the hands of the owners for a construction of 330 m2 with a roof terrace of 113m2 and a swimming pool of 142m2. The construction license is still valid during 2 years. With the picturesque church of Estoi near this project and the distant sea and countryside views , it makes of this renovation project an unique opportunity to build from this historic property a hotel with a charming atmosphere. For the 2 other urban buildings, there is not yet any submitted project , but it should be possible to extend with the 2 supplementary urban buildings, the project of a B&B towards an hotel with additional bedrooms till more than 20 in total. At Signature... Build year: before 1951, need renovationPlot size: 2546 Ref: 36907-SP1868

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Mayfair Intl. Realty
Mayfair Intl. Realty
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Mayfair Intl. Realty
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