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What investment opportunities exist for a country estate near Mértola?

Country Estate in Mértola

ref. AT2170
4.000.000€
  • NA
  • 18
  • 18
  • 1.986m2
  • 82.033m2
  • Farm
  • Palace

If you’re seeking lucrative investment opportunities, look no further than this vast country estate near Mértola in Alentejo, which is currently available for sale. This unique property covers a generous area of 82,033 m² and includes a significant main house dating back to the 1920s, several outbuildings, a wine bar, and more, all set near a tarmac country road. The estate is particularly enticing as it boasts an approved project for a Boutique Resort SPA & Wine bar, aiming to establish the region’s first luxury retreat with 25 suites, restaurant, spa, and pool facilities. This makes it perfect for buyers looking for a long-term investment with substantial potential returns.

The current owners have undertaken initial renovations, with parts of the main house already updated. Additionally, the property features ample parking for approximately 50 vehicles, enhancing its appeal for tourism and events. With approved plans that demonstrate the property’s potential as a boutique resort, investors can expect a strong ROI while benefiting from the growing tourism market in Alentejo. Just 29 km from Mértola and 25 km to Beja, the estate enjoys proximity to essential amenities while still offering a retreat-like environment.

The nearby River Beach and ample outdoor spaces present opportunities for leisure activities, making it an attractive destination for tourists. This estate can accommodate various uses, from hosting retreats and weddings to agriculture or luxury spa experiences. Don’t miss your chance to capitalise on a property that’s steeped in history and poised for revitalisation. Explore the financial prospects and consider this estate an investment that promises both growth and success. Contact us now to learn more about this incredible opportunity!

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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