An investment property with paddocks and olive groves, including a luxurious country house, is available for €1,800,000. This property not only offers a residential home with three spacious bedrooms, each with en-suite facilities, but also significant agricultural potential. Set on an expansive 150,000 m², the estate features fenced paddocks and a 12-box stable block alongside an Olympic sand arena, making it a prime location for equestrian activities. The presence of organic olive groves enhances the property’s investment appeal, providing possibilities for a sustainable income source. Set in the serene Alentejo countryside yet conveniently close to Ourique, this property also benefits from picturesque views over the nearby lake. The house itself boasts an open-plan living configuration and extensive outdoor spaces that cater to both relaxation and entertainment. With proximity to local facilities and transport connections, this property is perfect for those seeking a blend of lifestyle and investment potential. Don’t let this unique opportunity pass you by. Contact us today to learn more and arrange a viewing!
• 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
