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How can I invest in a large country estate near MÉrtola?

Country Estate in Mértola

ref. AT2170
43.714.264SEK
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

Investing in a large country estate near Mértola presents an extraordinary opportunity for buyers. This property, available for £4,000,000, features an impressive area of 1,986 square metres, encompassing multiple outbuildings and a main house that dates back to the 1920s. The previous owners initiated a successful architectural project, which has been approved, intending to transform the estate into a boutique resort with 25 suites, a restaurant, a spa, and more. This estate's location near the charming town of Mértola, accessible via a tarmac country road, enhances its appeal for investment, appealing to both private and business investors. The land extends across an impressive 82,033 square metres, providing ample room for development and various business opportunities such as events and retreats, making it perfect for buyers looking to create a unique tourist destination. With features including a chapel, guest accommodation, a functional wine bar, and a pool ready for renovation, this estate holds significant potential. Additionally, its proximity to restaurants and essential amenities in Beja (25 km away) and the natural beauty of the surrounding countryside is a tremendous draw. The estate also offers several outdoor amenities, such as terraces and gardens, ideal for relaxation and outdoor events. For serious investors eager to make a mark in the growing tourism sector in Alentejo, this property is a must-see. Contact us today to explore this remarkable investment opportunity in more detail!

Usage
Commercial
Type
Country Estate
Town
Mértola
Parish
Alcaria Ruiva
Municipality
Mértola, Beja
Region
Alentejo (East)
Rooms
30
Bedrooms
18
Bathrooms
18
Floors
1
Furnished
Negotiable
Living Area
1.986 m²
Surface area
1.986 m²
Plot Area
82.033 m²
Tarmac, Easy Access
Private Parking
Storage, Laundry, Pantry, Office/Study, Wine Cellar
Solar (Water)
Borehole, Septic tank
Saltwater
Landscaped, Natural, Fenced, Trees
Courtyard, Paddock, Pond
Countryside View
Palace, Farm
● Pure living area: 1.986m²
● Construction area: 1986m²
● Fenced plot: 82.033m²
● Rooms in total: 30
● Storage rooms, cellars, wine cellar, shop, service rooms
● Main house, buildings in U shape surrounding a large courtyard, chapel, 3 outbuildings
● Approved Renovation & Investment Project
● The price includes the property and the approved project but not the construction costs
● Year of Construction: Before 1951 and ongoing
● Business for Sale Project

This extraordinary huge country property is easily accessed by a tarmac country road near the town of Mértola in the Alentejo. The gates lead to a parking space for approx. 50 cars. The approved renovation & investment project offers a Boutique Resort with Hotel, SPA & Wine Bar in a rural area with sustainable aspects. The current situation shows a palatial house from the early 20th century, a wine bar & shop with storage rooms, further accommodation and service areas, a chapel, pool, and terraces, several outbuildings all in need of renovation. At the moment only a small part of the main house and the wine bar are renovated. The approved project can be presented with all dimensions, 3D photos and possibilities.

This would be an attractive proposition for both private and business investors including large hotel and resort groups. Further Possibilities: Events – Retreats – Weddings – Festivals – Horse riding - Luxury SPA experience, Agricultural Farm, Restaurant and Wine Tasting with Shop.

The huge main house is divided into three floors:
● First floor, ground floor and basement which is currently a wine tasting bar and shop
● All other buildings are on one floor

Amenities

● Wine bar offering wine tasting plus souvenir shop up and running
● Cellar for wine and shop & storage rooms
● 2 boreholes, cistern, not yet water from the mains, but in process
● Water collection for the cistern
● Mains electricity in process of being installed
● Solar panels for two of the boreholes
● A drip irrigation system covering all garden areas
● Pool in need of renovation
● Main house which is partly renovated plus a project for hotel suites and an owner’s apartment. The project includes 18 superior quality accommodations, 450m² covered service centre, chapel with Portuguese tiles, further outbuildings
● Beautiful relaxing outdoor places and terraces, garden, trees and water features
● Ideal for animals
● Ideal for rural tourism with accommodation, restaurant and wine & tasting bar

Location

● 3km to next village with restaurants
● 29km to Mértola/ 25km to Beja with all amenities
● 145km to Faro airport
● 197km to Lisbon airport
● 33km to Praia Fluvial da Ribeira de Carreias, Mértola (River Beach)

Other Info

Business partially operational.
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