PP173712

Price: €2,250,000

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Description:
Get your own slice of paradise with this spacious house that generates income, and is a beautiful place to call home!

This property is set on a large plot amidst orange groves, olive trees and a vineyard and 180 degrees views over the land all the way to the sea. You can reach the vibrant and growing town of Tavira in less than a 10-minute drive.

The main house boasts a delightful blend of spaciousness and cosiness. On the ground floor, you will find a welcoming reception area, a powder room for guests, and a large open kitchen/pantry and lounge with a veranda with beautiful sea views. To the rear of the property, there is a master bedroom and 2 further bedrooms and 2 bathrooms. This large and comfortable space is where the current owners reside.

The first floor of the main house features four generously appointed suites that form part of this well-established operating business with excellent reviews. All suites have a terrace, 2 with garden view and 2 with seaviews. Additionally, there is a luxurious penthouse apartment on the top floor with a large private terrace overlooking the property grounds and with sea views . Adjacent to the main house, you will find a charming 2-bedroom cottage.

Each suite has been meticulously furnished and equipped with utmost care with en-suite facilities and well-equipped kitchen areas to provide comfort for the guests.

The B&B has a long-standing history of success, boasting a loyal customer base. Presently, the property can accommodate up to 22 people comfortably. However, for those with aspirations of expansion, the opportunity to build an additional 450 m2 presents itself. This expansion would increase the capacity of the B&B to accommodate up to 40 individuals. Plans for three 2-bedroom cottages and a spacious three-bedroom house, a bar/restaurant and 2 swimming pools will be submitted and will be transferred to the future owners.

Looking beyond the realm of hospitality, the property's versatile layout offers the possibility of converting it into a remarkable family home. By simply removing the kitchens in the suites, you can transform this enchanting space into a private oasis to call your own.

Key Features:

Authentic Algarvian house amidst orange groves and a vineyard.
Captivating 180-degree views from land to sea.
Saltwater pool, lounge area, outdoor shower and outdoor kitchen barbecue.
Well established and completely irrigated (tropical) garden and automatic lights.
Main house ground floor: 3 bedrooms, 2 bathrooms, open kitchen/pantry, lounge, reception, powder room and a generous veranda.
B&B: 4 spacious suites and a luxury penthouse apartment on the first and second floors of the house
Cosy 2-bedroom cottage adjacent to the main house.
Furnished and equipped with flair, rooms with en-suites, kitchen area, and outdoor terraces.
Successful B&B with a loyal customer base.
Current capacity of 22, possibility to increase capacity to up to 40.
Equally, easily convertible into a family home.
Santo Estevão is a typical algarvian village famous for its agriculture and particularly almond trees, olive trees, wines and liquors. It has been growing in popularity these recent years as it offers its residents the opportunity to enjoy the relaxing way of rural life with a great hospitality feel but within close proximity of the towns and the coastline.

Contact us for more information.

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