Building for sale, 298 Estr. Vale Formoso, in Almancil, Portugal

298 Estr. Vale Formoso
Commercial building • 8 room(s) • 5 bed. • 3 bath. • 722 m² • ref: 31329
$2,132,001
UNIQUE HISTORICAL QUINTA BETWEEN Quinta do Lago AND VALE DO LOBO Unique opportunity to acquire a completely refurbished historical building between Quinta do Lago and Vale do Lobo. The property is a Portuguese century-old estate, holding a prestigious 19th century Manor House of 350 m2 set on a total plot of 19.400 m2. It used to belong to the same family for generations. The Manor house was completely restored to a high level of quality utilising original materials. The main hall opens to a large terrace alongside a Mediterranean garden of 900 m2 where an Octagonal Belvedere is sitting, imitating a summer house or gazebo in 18th-century style. The property was specially renovated to be used as a restaurant of reference opening on to a panoramic terrace of 500 m2, such as the famous “Le Cinq”, in Paris, which owns three Michelin stars. However, it can serve alternatively as a sophisticated Tea House, suitable for business breakfast or lunch meetings, an Art Gallery for painting exhibitions, a Gourmet Shop for tasting and purchasing the best wines, cheeses and traditional high-quality products, and other selected activities or as an Exclusive Private Members Club, creating a unique meeting place in Algarve, and a forum for business and cultural exchange, suitable for foreign tourists. The quinta can also be used for residential purposes, Construction on the adjoining land has to be a building of public interest, following the current PDM.

Spaces

Rooms8
Bedrooms5
Bathrooms3

Surfaces

Living area722 m²
Land19419 m²
Internal722 m²
Amenities extracted by AI.
Garden
Terrace
Wine cellar

298 Estr. Vale Formoso, Almancil

Energy efficiency rating
B