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How can I invest in a renovated country house in the Alentejo region?

Country House in Ourique

ref. AT2482
849.000€
  • C
  • 4
  • 4
  • 233m2
  • 75.000m2
  • Farm

Investing in this renovated country house in the Alentejo region is straightforward, especially with its current asking price of €849,000. The property offers a beautifully maintained 4-bedroom bungalow, ideal for both personal enjoyment and rental opportunities. With a vast 75,000m² fenced plot and potential for rural tourism development, this property stands out for its versatility and growth potential. Located a mere 10 km from Ourique, it combines tranquility with accessibility to essential amenities. The house features modern renovations throughout its 233m² living space, complete with open-plan kitchen and living areas, and a relaxing private swimming pool. This residence is perfect for buyers looking to invest in an area known for natural beauty and outdoor activities. With its existing structures and favourable conditions for rural tourism (TER), the property opens doors for creative development ideas. Seize this chance to secure a lucrative investment opportunity that promises both lifestyle and financial rewards. Reach out today to arrange a viewing and explore the possibilities!

Usage
Residential
Type
Country House
Town
Ourique
Parish
Ourique
Municipality
Ourique, Beja
Region
Alentejo (Central)
Construction Year
2008
Rooms
6
Bedrooms
4
Bathrooms
4
Floors
1
Furnished
Negotiable
Living Area
233 m²
Usable area
363 m²
Plot Area
75.000 m²
Country Road, Driveway
Double Garage, Autom. Garage Door, Parking Places
Lounge
Terraces
Fully Fitted, Fully Equipped
Other Rooms 1
Laundry, Pantry, Office, Conservatory, Storage
Other Rooms 2
Storage Shed
Fitted Wardrobe
3 Ensuite Bathrooms, 1 Family Bathroom
Electric heaters, AC, Fireplace, Solar
Cable/Satellite TV, Internet/Phone, Safe
Mains electric, Photovoltaik, Borehole, Septic tank, Gas Bottle, Boiler
Double glazing, Manual Shutters/Blinds, Fly Screens
Private, Saltwater, Lighting
Landscaped, Private, Natural, Fenced
Courtyard
Panoramic View, Countryside View
• The house can be extended but there is also a possibility that the land allows for Tourism in Rural Areas (TER)
• 233m² living area, approx. 400m² construction area
• 4 bedrooms, 3 en-suite bathrooms, 1 family bathroom
• Fenced 75.000m² plot
• Year of construction: 2008, renovated in 2024/2026
• 10 x 5m swimming pool
• Ideal for agriculture, horses, and other livestock
• Surrounding is also ideal for walkers & bikers
• South orientation with wide open views
• Location is private but not isolated
• Great potential - also for investors

This is a perfect, well maintained country retreat, but not far from a town, the reservoir, lakes and rivers, the Algarve, West Coast or the historic town of Beja and Évora! The single storey country house with 4 bedrooms and 4 bathrooms is located in an elevated position with panoramic views to the natural Alentejo countryside. From a small tarmac road there is a 1km dirt track giving access to the property which leads to an inner courtyard with many parking spaces, a second building of 76m² for storage, harvest, equipment or cars. The property has been recently renovated. One of the bedrooms was converted into a big, modern office. This place is ideal for a large family or holiday home, to rent out and for nature lovers, livestock, horses and agriculture. There is plenty of space for various ideas and events.

There is potential for further development, particularly in the area of rural tourism (TER) and other tourism-related projects, such as a caravan park, subject to the usual planning and approval processes.

• Main entrance to open-plan living kitchen
• Lounge with conservatory and wood/log burner
• Kitchen with adjacent pantry
• Air conditioning throughout, electric heating
• Fruit trees and cork trees, garden
• BBQ area with roof, hot water and wide open views

Amenities

• Mains electricity plus solar
• Electric boiler for hot water
• Borehole
• Outdoor lighting
• Large septic tank
• Reserve air conditioning throughout, wood burner
• Heating in bathrooms, master bedroom & guest room
• Internet, good phone reception, SAT TV
• Double glazed windows and manual French shutters
• Fly screens throughout
• Covered outdoor kitchen/BBQ with fridge, worktop, and hot & cold water supply, kitchen cupboard

Location

• Approx.10km to Ourique town with:
• Important amenities, restaurants, hospital
• 1,5 km to nearest bar
• 4 km to 3 restaurants and a coffee bar
• Approx. 45 km to Santa Clara Reservoir
• Approx. 80 km to Mertola River Beach
• Approx. 1 hour to Odemira west coast
• Approx. 1 hour drive to the Algarve
• Approx. 2 hours’ drive to Lisbon international airport
• Approx. 98 km to Faro international airport

Other Info

According to official information from the municipality of Ourique, there is potential for further development, particularly in the rural tourism sector. This presents an attractive opportunity for investors, as the property has existing infrastructure and offers scope for expansion into rural tourism within a regulated yet supportive planning framework. A project proposal must be submitted in this regard.
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