The asking price for this 1,986 m² hotel renovation and investment project in Alentejo is €4,000,000. That price includes the country estate and the approved project, but construction and renovation costs are not included. Buyers receive 82,033 m² of fenced land near Mértola, together with an existing complex intended for boutique hotel, spa, restaurant and wine tourism use. The scale of the site provides considerable scope for creating a destination rural tourism business. There are approximately 1,986 m² of pure living and construction area. The property has 30 rooms in total and the approved plans include hotel accommodation, service facilities and an owner’s apartment. The original concept was intended to establish a boutique resort with hotel suites, a restaurant, spa facilities, a swimming pool and terraces. Existing buildings include a large historic main house, three outbuildings and a chapel. The buildings surround a generous courtyard that could become a focal point for guests and events. A partly renovated wine bar and shop is already operating, providing an element of business activity on site. Wine storage, cellars, service rooms and a dedicated wine cellar add practical commercial infrastructure. The pool requires renovation, while the gardens contain terraces, trees, water features and relaxing outdoor areas. Private parking for approximately 50 cars supports the potential for weddings, festivals, retreats and group functions. Water resources include two boreholes, a cistern and rainwater collection arrangements. Solar panels are installed for two boreholes, and a drip irrigation system serves the garden areas. Mains water is not yet connected, although the connection is in process, and mains electricity is also being installed. The estate is 3 km from the nearest village with restaurants, 29 km from Mértola and 25 km from Beja. Faro Airport is approximately 145 km away, while Lisbon Airport is around 197 km from the property. Its future rental and hospitality revenue may come from rooms, food and beverage, wine tasting, wellness stays and private events, but buyers should prepare an independent feasibility study and renovation budget before committing. Contact us to obtain further project information, assess the total development cost and arrange a viewing.
● 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)
