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How much does a 30-room renovation project with 18 planned hotel suites near Mértola cost?

Country Estate in Mértola

ref. AT2170
496.171.326¥
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

The 30-room country estate and approved renovation project near Mértola is offered for €4,000,000. The price includes the estate and the approved project, but construction and renovation costs are not included. Buyers therefore need to budget separately for completing the planned 18 hotel suites and resort facilities. The property provides 1,986m² of existing living and construction area. Its 82,033m² fenced plot creates substantial scope for a hospitality development. The main house dates from before 1951, with parts already renovated. A wine bar and shop are also in operation within the property. The proposed scheme includes 18 superior-quality accommodations and an owner’s apartment. It further provides for a 450m² covered service centre. The wider boutique resort concept includes a hotel, spa, restaurant, pool and terraces. A chapel, three outbuildings and guest accommodation add flexibility to the existing estate. The main buildings surround a large courtyard in a distinctive U-shaped arrangement. Cellars, storage rooms, service areas and a wine cellar may support food, beverage and event operations. The existing pool needs renovation, presenting an opportunity to redesign the leisure area to the final resort standard. Outdoor spaces include gardens, trees, water features, paddocks and areas suitable for animals. Two boreholes, a cistern, water collection and solar panels for two boreholes are already present. A drip irrigation system covers the garden areas, while mains water and electricity works are in progress. The site is reached by a tarmac country road and has parking for approximately 50 vehicles. It lies around 29km from Mértola, 25km from Beja and 3km from a village with restaurants. The approved project could support accommodation income alongside spa services, dining, wine tourism, retreats and private events, subject to completion and operational planning. Ask us for the project documentation, construction information and a viewing of this substantial Alentejo renovation opportunity.

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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