Investing in agricultural land close to Ourique is a smart choice for those looking to cultivate organic crops or start a rural business. This equestrian property includes fertile land with olive groves that can generate significant income. Moreover, the existing facilities, like stables and paddocks, can be leveraged for equestrian activities or rural tourism, making it an excellent investment opportunity.
• Living area 420m²; Construction size 420m²
• Plot size 150.000m²
• Year of construction 1999
• 3 bedrooms with en-suite bathrooms
• Swimming pool 12 x 6m and tennis court
• Fenced paddocks
• 12 box stable block with grip room and Olympic size sand arena
• Views and private access to lake
• Two large ruins which can be recovered
The house is all on one level, semi open plan with access to a large covered outdoor terrace on two sides.
The views are over the mature low maintenance garden and pool to the lake beyond.
Bedrooms are at the back with country views to the olive grove and paddocks.
From the paddocks there is access to 1.5km of private water front.
There are many possibilities with this property as the house is independent of the larger land area. Family home and rent the rest or make a business or keep horses for pleasure.
The olives are organic standard and can generate a good income.
Amenities
• Photovoltaic panels plus battery bank for electricity
• Solar panels and wood burner with back boiler for hot water
• Three boreholes – house, stables and near to ruins
Location
• 6km to Ourique with all facilities including a hospital
• 10km to Funcheira train station with high speed trains to the cities
• 100km to Faro airport
