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Huge Estate with Potential and Rental Licence and Rural Tourism Project near the Alentejo Coast

Villa in São Teotónio

ref. PDB1975
4.400.000€
  • NA
  • 4
  • 3
  • 414m2
  • 800.000m2
  • Alojamento Local
Usage
Residential
Type
Villa
Town
São Teotónio
Parish
São Teotónio
Municipality
Odemira, Beja
Region
Alentejo (West Coast)
Rooms
6
Bedrooms
4
Bathrooms
3
Floors
1
Living Area
414 m²
Plot Area
800.000 m²
Private Parking
Lounge/Dining
Terraces
Rustic
Storage
4, En-Suite
Family Bathroom
Wood Stove, AC
Swimming Pool
Private, Lawn
• Several houses, buildings, one with AL = rental licence
• Living area 414m²
• Plot 800.000m²
• 4 bedrooms, 3 bathrooms
• Rural tourism project
• Swimming pool
• Possibility to expand the buildings

This 80-hectare estate near the Alentejo coast is divided into a residential area and an area for rural tourism. The latter has enormous potential for expansion and construction of a country Hotel, as well as a eucalyptus plantation whose maintenance and operation has been entrusted to a specialized company for the next 19 years.
Here you can enjoy the countryside's peace and the sea, as well as the beach of Zambujeira do mar and Praia do Alteirinho, which are just 4km from the property.

The house with AL (Local accommodation):
- 3 large suites, living room with wood-burning stove and kitchen
- Air conditioning and heating

House of 200m²:
- 100m² of it are fully recovered and inhabited by the owner
- The other 100m² are being used as storage, however they can be rehabilitated for another house with AL or increase the house already recovered, thus making a single house with 200m²

- Ruin with 214m² (with the possibility of being increased) that, after rehabilitation, can be turned into 7 suites

Outside:
- The entire property is surrounded by a garden & natural park
- The pool area is surrounded by lawn

Current profitability:
- AL (house with 3 suites) generates an annual income of 30,000
- The exploitation and maintenance of eucalyptus groves generates an annual income of 12,000
- If the ruin is rehabilitated for tourism purposes (needs an application to the municipality hall for a further 1000sqm²), it can become a new rural Hotel - the revenue will be very high

Price can be negotiable.

Amenities

• Rental Licence and Rural Tourism Project - Great Potential
• Profitable eucalyptus plantation
• AC and wood burning stove
• Storage
• Swimming pool

Location

• 4km to the beach of Zambujeira do mar and Praia do Alteirinho

Other Info

CO04