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What investment opportunities are available for a huge country estate near Mértola?

Country Estate in Mértola

ref. AT2170
33.444.092CNY
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

This huge country estate near Mértola presents incredible investment opportunities, perfect for buyers looking to transform it into a successful boutique resort. With an approved renovation plan, the estate can potentially feature a luxurious hotel palace comprising 25 suites, alongside a restaurant, spa, and attractive outdoor areas. Nestled in the scenic Alentejo region, this property boasts substantial living space and numerous amenities such as a pool, wine bar, guest accommodations, and expansive pastoral land.

Originally built in the 1920s, the estate currently comprises several outbuildings and mature landscaping, all ripe for development. It’s situated just 3km from the nearest village, offering essential amenities and easy access via a tarmac road. The 82,033m² plot features a total of 30 rooms, including 18 bedrooms and 18 bathrooms, making it an ideal investment for commercial and touristic uses.

This property is designed to not only provide comfort but also promote sustainable tourism, a key aspect for modern hospitality ventures. The potential for hosting events, retreats, or festivals further enhances its appeal to serious investors. The nearby Fluvial Beach provides an additional draw for summer visitors boosting potential revenue streams.

With a purchase price of €4,000,000, this estate offers a robust investment option for those looking to enter the thriving hospitality market in Portugal. Buyers can benefit from the attractive tourist landscape of Alentejo as they bring their vision for this estate to life. Contact us now for more information and to schedule a viewing!

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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