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Country Estate in Mértola

ref. AT2170
47.079.072NOK
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

Renovating a historic estate in Alentejo can be a fulfilling investment, and this property near Mértola currently requires some restoration to unlock its full potential. Available for €4,000,000, the estate includes a substantial main house of 1,986 m² and several outbuildings, which are ideal candidates for renovation. The owners have already begun the renovation process, with parts of the main house and a wine bar already completed, making the renovation path clearer and potentially more cost-effective for buyers.

The approved architectural plans for this estate detail the transformation into a Boutique Resort that includes luxury accommodation and leisure facilities—a project that the previous owner could not finish but is now set for completion by a new buyer. Should you decide to embark on this renovation journey, it is crucial to consider additional costs, including construction for the new suites, restaurant, spa, and pool areas, which are a part of the approved project.

Located on 82,033 m² of land, the estate features beautiful outdoor spaces ideal for hotels or spas, offering serene countryside views and numerous amenities. The presence of existing facilities such as a wine bar and sufficient parking can significantly enhance the property's appeal during the renovation process. As you renovate, the potential for increased rental yields or selling points as a resort makes it an attractive investment. Evaluate the estimated costs and potential income as part of your financial plan. To discover more about the possibilities, contact us today!

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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