The advertised budget for this three-bedroom Alentejo country home on 150,000m² of land is €1,800,000. That purchase price includes a renovated 420m² residence near Ourique, together with equestrian, leisure and agricultural facilities. Buyers should also allow for applicable purchase taxes, legal fees, registration costs, running expenses and any future renovation budget. The property provides three bedrooms, all with en-suite bathrooms, in a single-level layout. Its semi-open-plan living areas open onto a large covered terrace overlooking the garden, pool and lake. This is more than a rural house, as the grounds include fenced paddocks and a 12-box stable block. An Olympic-size sand arena and grip room are included for equestrian use. Private access to approximately 1.5km of lake frontage adds significant recreational and privacy value. The 12 x 6 metre swimming pool creates a strong outdoor living feature during the warmer months. Residents can also enjoy a private tennis court within the estate. The 150,000m² holding contains olive groves managed to organic standards. Olive production may contribute to future income, depending on yields, operating costs and market conditions. Two large ruins offer potential for restoration, subject to planning permissions and the buyer’s intended project. Photovoltaic panels with battery storage help support the home’s electricity needs. Solar panels and a wood burner with back boiler provide alternative hot-water solutions. Three boreholes serve the house, stables and the vicinity of the ruins. Ourique is approximately 6km away and provides everyday facilities, including a hospital. Funcheira station lies around 10km away and offers high-speed rail links to major cities. Faro Airport is about 100km from the estate, making international access practical. Contact us for full purchase-cost guidance and to book a viewing of this substantial Alentejo country home.
• Living area 420m²; Construction size 420m²
• Plot size 150.000m²
• Year of construction 1999, renovated
• 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
