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What investment opportunities are available for a country estate with 18 planned suites and a wine-tasting bar near Beja?

Country Estate in Mértola

ref. AT2170
3.430.964£
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

Near Beja, this country estate offers an investment opportunity with 18 planned suites, an existing wine-tasting bar and an approved Boutique Resort project. The property is for sale at €4,000,000, with the approved renovation and investment plans included but construction costs excluded. It is suited to buyers looking to create a rural tourism, hospitality or lifestyle business in the Alentejo. The estate covers a fenced 82,033 m² plot and includes approximately 1,986 m² of living and construction area. The approved concept provides 18 superior-quality accommodations, an owner’s apartment and a 450 m² covered service centre. Proposed guest facilities include a hotel, spa, restaurant, wine bar, pool and terrace areas. The current wine bar and souvenir shop are up and running, giving the site an existing commercial element. A cellar, wine shop, storage rooms and service areas complement the wine-focused business potential. The main house is an imposing early twentieth-century building arranged over three floors. Further accommodation, outbuildings and a chapel surround a large courtyard. The chapel features Portuguese tiles and could provide a distinctive venue for weddings, celebrations or retreats. Outdoor spaces include gardens, terraces, trees, water features, a pond and pastureland. The existing pool requires renovation but is already incorporated into the property’s leisure appeal. Around 50 private parking spaces are available behind the entrance gates. Easy access is provided by a tarmac country road through the rural landscape. The nearest village with restaurants is about 3 kilometres away. The estate lies approximately 25 kilometres from Beja and 29 kilometres from Mértola, combining seclusion with access to amenities. Praia Fluvial da Ribeira de Carreiras is around 33 kilometres away and offers an additional leisure attraction. Infrastructure includes two boreholes, a cistern, rainwater collection, solar panels for two boreholes and drip irrigation. Potential income could come from accommodation, wine tasting, dining, spa services, weddings, festivals, retreats and specialist rural tourism experiences. Investors should model occupancy, pricing, staffing, construction expenditure and planning conditions before relying on any projected returns, as ROI is not guaranteed. Contact us to request the project information, discuss the commercial potential and book a viewing near Beja.

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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