Estoi | Faro | Algarve
A home that is more than an address.
Private detached villas with their own garden and pool, just 15 minutes from Faro Airport. Enjoy independent living with optional services available whenever you choose.
Villas from €485,000. Apartments from €210,000.
Illustrative render · Casa Olivia Elegance
28Detached private villas
21Apartments with Wellness Access
15 Min.To Faro Airport
2Phases, one community
The concept
Designed for living well - now and for years to come.
Today, many people are looking for more than traditional retirement living. They want a home that offers independence, comfort and an exceptional quality of life, with optional services available whenever they choose.
Parque Residences Estoi brings this vision to life through high-quality architecture, generously sized private lots and a thoughtfully planned community that combines privacy with a welcoming neighborhood.
Each home at Parque Residences Estoi has been designed specifically for its setting, combining contemporary comfort with the climate and character of the Algarve.
Three different sizes offer flexibility for different lifestyles and space requirements. Each has been designed with the location and Portuguese climate in mind, balancing quality, comfort and long -term value. And because every home should feel personal, there is room to make it your own.
Have something different in mind? Talk to us. We'll explore how your ideas can be incorporated into your new home.
Your home. Your choice.
You own a detached home on your own private lot, complete with a private garden and pool. Services are entirely optional and can be added whenever you choose.
Two phases, one community
Phase I: around 28 private villas. Phase II: an apartment building with 21 apartments and a dedicated Wellness & Vitality Center.
Designed for year-round living
A mild Atlantic climate, with Faro and the coast close by. Ideal as a primary residence, a second home or a long-term investment.
Homes & Pricing
Four house types, three sizes, one standard.
From a compact apartment with access to the Wellness & Vitality Center to a spacious Country House on its own private lot. Explore the options and find the home that fits your lifestyle.
Please choose: click either button to switch between Villas (Phase I) and Apartments (Phase II).
Example view Town House
Example view Town House, Elegance
Town House
Casa Olivia
A compact detached home on its own private lot, thoughtfully designed with a private garden, pool and terrace.
- Living space74 | 81 | 86 m²**
- SizesT1 | T2 | T3 (1-3 bedrooms)
- Terrace~45 m²
- Plot (from)~365 m²
- PoolPrivate
From €485,000* Elegance from €533,000 Request Casa Olivia Details
Example view Country House
Example view Country House, Rustic
Country House
Casa Clara
A spacious country home offering more indoor and outdoor living space, an expansive garden and a larger private lot for added privacy.
- Living space81 | 86 m²**
- SizesT2 | T3 (2-3 bedrooms)
- Terrace~60 m²
- Plot (from)~370 m²
- PoolPrivate
From €514,000* Rustic from €535,000 Request Casa Clara Details
Two terraces
High-quality finishes
Energy-efficient construction
Sustainable materials
Accessible by design
Example view apartment building
T0 | Upper floor
Apartment
A compact upper-floor apartment with a private terrace, including access to the community pool and Wellness & Vitality Center.
- Living space~36 m²
- Terrace~18 m²
- Pool & wellnessIncluded
From €210,000* Request T0 Details
T1 | Ground floor
Apartment
A spacious ground-floor apartment with a larger terrace and direct access to the garden. Access to the community pool and Wellness & Vitality Center is included.
- Living space~60 m²
- Terrace~32 m²
- Garden accessDirect
From €360,000* Request T1 Details
Two storeys, 21 apartments
Dedicated Wellness & Vitality Center
Leisure & service facilities
* All information is subject to change. Please see our Legal Disclaimer for details.
** Determined according to Portuguese building law.
The masterplan
One park. One neighborhood. One home.
Around 28 private villas set along a quiet, tree-lined loop road, with the apartment building, community pool and Wellness & Vitality Center located along the western edge. A landscaped green buffer creates a natural transition to the surrounding countryside. Everything is within easy walking distance and designed with accessibility in mind.
View of Parque Residences Estoi: the loop road between the private lots, with the apartment building on the left. Illustrative rendering based on the current site plan. Design and planning are subject to change.
Quiet, tree-lined paths between the private lots, with the apartment building behind.
4 x Mini · 74 m²
20 x Standard · 81 m²
4 x Maxi · 86 m²
Apartment building · 21 apartments
Hover over a lot or tap it. Select an entry above to highlight it on the map.
Site plan of Parque Residences Estoi, scale 1:1000. Design and planning are subject to change.
The location
Peaceful living. Perfectly connected.
Estoi is set in one of the Algarve's most desirable locations, close to Faro and the coast, yet comfortably removed from the region's busiest tourist areas. Authentically Portuguese. Mediterranean. Private.
- Estoi village centerWalking distance
- Faro Airport15-20 min.
- Faro city centerapprox. 10 km
- Algarve beachesapprox. 20 min.
- Golf, nature & healthcareWithin easy reach
Estoi
The Palácio de Estoi and the Roman ruins of Milreu are just minutes from your door. Cafés, a local bakery and the village center are within walking distance, and the Algarve's beaches are around 20 minutes away.
Illustration: everyday Portuguese life in the village, a few minutes' walk from the neighborhood.
A new neighborhood in Estoi.
Parque Residences is being developed on the eastern edge of Estoi, not as an isolated resort, but as a natural extension of the village. Cafés, a local bakery and the village center are all within walking distance.
Live like a local while enjoying the comfort of a thoughtfully designed community: the simplicity of everyday Portuguese life just outside your door, with peace and privacy at home.
Real photographs of Estoi: the parish church, a square in the village center and the lane by the Palácio de Estoi.
Why Portugal
To live. To invest. To stay.
Portugal has become one of Europe's most desirable places to live, offering a mild Atlantic climate, political stability, a high level of safety and an exceptional quality of life year-round.
300+days of sunshine a year in the Algarve
Top 7safest countries worldwide (Global Peace Index)
+1 yearlife expectancy above the EU average: 82.7 years
No. 1safest country in the world to retire (International Living)
10 kmto hospitals and specialists in Faro
Services
Tailored to your needs.
No mandatory service packages. Simply choose the services you want, when you want them.
Home & garden
Housekeeping, garden maintenance, property care, minor repairs, property checks during absences, security checks and routine inspections.
Health & well-being
Access to the Wellness & Vitality Center, support with medical and hospital appointments, prevention and healthy-aging programs, arrangement of care through external providers.
Mobility & everyday life
Transportation services, grocery assistance, help with administrative matters, language support, and coordination of activities and excursions.
Rental & management
Rental marketing and coordination, guest arrivals and departures, housekeeping and laundry, key management, administration of ongoing service charges.
Health, care and nursing services are arranged through external, qualified providers and can be added optionally, subject to availability and regulatory requirements. All information is subject to change, the reservation of information applies.
Community & Lifestyle
Enjoy Life. Share Experiences. Make Connections.
No obligations. Just opportunities to enjoy activities and experiences offered by local partners, whenever you choose.
A lively sense of community
Discover shared values and experiences through sport, culture and culinary outings.
Enriching new experiences
Discover inspiring new hobbies, activities and interests.
Motivation & inspiration
Fresh ideas from rewarding exchanges with others.
Better health
Warm social contact improves mental and physical health.
Security
A sense of protection and support in a harmonious community.
Joy & entertainment
Shared experiences bring laughter, lightness and a refreshing change.
Feeling valued
Recognition and appreciation from the community.
Make Every Day Your Own
Regular, enriching get-togethers and engaging activities to make the most of every day.
Quality of Life & Optional Care Services
Designed for Comfort Today and Peace of Mind Tomorrow
Parque Residences is not a conventional retirement home. You own your home, keep your privacy and live life on your own terms.
You can adjust the level of support and services as your needs change, from practical everyday assistance to health-related support, personal assistance, and care services. You don't have to decide today what kind of support you might need in the future.
What adds convenience today may help you maintain your independence in the years ahead.
Getting Around
Even if your own car is one day no longer the best solution, you should stay mobile. Transportation services can help you get to medical appointments, shops, and recreational activities.
Health & Wellness
Help with arranging and accompanying visits to doctors and clinics can be part of the service offering, as can preventive care, fitness, and healthy aging programs.
Everyday assistance
If more support is needed in everyday life at some point, additional services can be arranged through qualified external providers, such as personal assistance, companionship or help with daily activities.
Care Services, If Needed
If needed, in-home care and assistance may be arranged through qualified third-party providers, depending on individual needs, availability and the legal framework.
Stages of life
A home for every stage of life
- Perhaps you are moving to Portugal because you want to spend more time in southern Portugal.
- Perhaps you are looking for a second home for yourself and your family.
- Perhaps you want a property you can use yourself and rent out when you're away.
- Or you are already planning for a primary residence that will still suit you when your needs change in later life.
Parque Residences brings these possibilities together. A home designed to fit your life, not the other way around.
Investment & lifestyle
Long-term value over short-term returns.
Residential property prices in Portugal rose 17.5% in 2025. But our focus goes beyond short-term market performance to the fundamentals that support lasting value.
An exceptional location
Strong international demand and limited supply in prime locations make the Algarve an attractive long-term investment.
Flexible ownership
Owners who do not use their property year-round may rent it out within the applicable legal framework. A professional rental service supports them.
Long-term value
Professional community management helps maintain the quality, character and long -term appeal of Parque Residences.
Two paths, one goal
There are two fundamentally different ways to acquire a property. The usual one is direct property ownership: a purchase contract for a developed or undeveloped property, and registration of ownership in the property registry once all the necessary formalities are complete.
With indirect ownership, the buyer does not become the direct owner of the plot. The plot remains the property of the project company (a German limited partnership structure), and in return for the purchase price the buyer receives an ownership interest in the company, which defines the ownership and usage rights precisely and is equivalent to a direct purchase.
In many rural regions of Portugal only the indirect form of ownership is possible, because subdividing the land or establishing a condominium ownership structure is not permitted by law there.
The advantages of indirect ownership are greater privacy for the buyer and the fact that property transfer tax may only become payable if the plot is later taken out of the company. The buyer acquires a company share under German law and has nothing to do with the formalities, rights and obligations under Portuguese law. A possible disadvantage is that the plot itself cannot be used as security for a loan, only the company share.
For Parque Residences in Estoi we offer both options and are happy to discuss them with you in detail.
The team
The people behind the project.
Dr. Wolfgang Röhr
Founder & Project Visionary
Brings decades of experience in residential, healthcare and lifestyle concepts, with a focus on creating homes that combine quality of life, independence and long-term value.
Philipp Röhr
Managing director
Leads the strategic development and delivery of the project and coordinates partners in Germany and Portugal.
Miguel Setas
Architect
Shapes the architectural design, combining contemporary architecture with the character of the Algarve.
Carolin Kelling
Project Assistant
Supports the project team with coordination, organization and ongoing project communications.
Frequently asked questions
Good to know before you inquire.
Can foreigners buy property in Portugal?
Yes. Portugal makes no distinction between Portuguese and foreign buyers. Essentially all you need is a Portuguese tax number (NIF), and we are happy to assist with obtaining one.
How does an off-plan purchase work?
After you express interest, the purchase follows a structured process with clearly defined payment milestones tied to construction progress. Detailed information about the purchasing process will be provided with the sales documents.
What additional costs should I expect when buying property in Portugal?
A property purchase in Portugal involves the property transfer tax (IMT), stamp duty and notary and registration fees. We will put together an individual overview for you with the documents.
Can international buyers finance a property in Portugal?
Yes. Subject to the individual credit assessment, buyers with a suitable credit rating can typically finance up to 80% of the purchase price through Portuguese banks. We are happy to make the introduction.
When are construction start and completion planned?
The schedule is being finalised together with the permitting process. Registered interested parties are the first to be informed about every milestone.
Does the purchase of a villa include the land?
Yes. Each Town House and Country House is sold with its own private lot. Lot sizes are listed in the pricing information, with full details specified in the purchase agreement.
Are the homes designed to be age-friendly and accessible?
Yes. The neighborhood is designed to be accessible: single-level living areas in the villas, short walkable routes throughout, and an accessible Wellness & Vitality Center.
Does each villa have private parking?
Yes. Each villa includes parking on its own private lot. Dedicated parking is also planned for the apartment building.
What medical care is available in the area?
Faro, with its hospitals, specialists and pharmacies, is only around 10 km away. Within the neighborhood, current planning provides for access to the planned Wellness & Vitality Center, assistance with medical and hospital appointments, coordination of therapeutic services, and health prevention and healthy aging programs. Care and nursing services are arranged through external, qualified providers.
Can personal care or nursing services be arranged if needed?
Yes. Our service team coordinates care and support services for all levels of care. Next to our neighborhood there is a Portuguese care facility, with which our service team works closely.
Who takes care of the house, garden and pool while I am away?
The neighborhood services can take care of this on request: housekeeping, garden maintenance, property care and absence checks can be booked flexibly, exactly for the periods you need them.
Request Information
Interested in Parque Residences Estoi?
Tell us what you're interested in and we'll send you the relevant information, including current pricing and available floor plans. Our team will be happy to answer any questions personally.
- 01 Request information Your name and email are enough, plus the privacy consent. No cost, no obligation.
- 02 Receive floor plans & pricing Floor plans, specifications and current indicative prices by email.
- 03 Be the first to know You hear about every next step first, including the start of reservations.
Frederik Pohl
Your contact · Pérolas de Portugal Lda
Sales for Parque Residences Estoi are handled by Pérolas de Portugal Lda, a licensed real estate brokerage in Portugal experienced in working with international buyers. Your inquiry goes directly to the advisory team, who can guide you from your first questions through the purchasing process.
+351 220 106 777
Thank you
Thank you for your interest.
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