The Centenary Property “Quinta Do Pinheiro”, built in 1909 was a family home, with extensive cultivation of vines, in most of its approximately 80,000m2 area. Located south of National Road 125 in Luz de Tavira, on the banks of the Ria Formosa and just 10 minutes from Tavira city and 30mn from Faro International Airport.
The Homestead has an area of ??8 hectares, all fenced, consisting of: main house with two independent floors and an annex, a cellar, a caretakers' house, warehouses, and a tank.
- The main house has 8 bedrooms, fantastic open views to Ria Formosa, surrounded by an orchard, the 1st, and 2nd floors have independent entrances and are distributed as follows:
Ground floor with 194 m2 consisting of entrance hall, living room with fireplace, dining room, kitchen, four bedrooms, two bathrooms, terrace of 35 m2, two annexes of 50 m2,
1st floor with 182 m2 of modern living and dining room with fireplace and access to a 42 m2 terrace with panoramic views over the estuary, hall, kitchen with large terrace, four bedrooms, and two bathrooms.
- The caretakers' house has two bedrooms, a living room with a tiled stove, a bathroom, and outdoor patios.
- The amazing Old cellar to recover, has four divisions, a wine press, barrels, and storage, and tasting area.
- big tank
- warehouse, scattered storage areas and carport zone
- borehole
The houses are in very good condition and ready to move in, with new double-glazed and aluminum window frames and solid wood window doors in harmony with the traditional aesthetic. Plumbing, kitchen, and bathroom renovated.
Currently, it also has guaranteed profitability that comes from a part of the rural property, secured by a rural lease (greenhouse area to the north of the property, as can be seen in the photos).
Regularly, landlords also obtain another source of income from the property through real estate lease agreements of the main house and the caretakers' house, essentially for short periods of vacation, or other short-term only.
As historical interest, Quinta do Pinheiro is located in a low and flat area, next to the Ria Formosa and where the well-known Torre d'Aires monument is located, a restored watchtower of Islamic heritage, originally integrated into a monitoring system for the Algarve coast, due to the location it had good visibility over the entire coastline from Fuseta to Santa Luzia. With beautiful surroundings, a few meters away from a public boat ramp.
Ideal property for your project.
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