In Alentejo, investment opportunities abound with properties that feature olive groves, like this exceptional estate, priced at €995,000. Spanning 14.45 HA, this estate includes a mature olive grove with around 400 productive trees, making it a great choice for those looking to invest in sustainable farming and agriculture. Situated by Lake Monte da Rocha, the property's serene environment adds to its unique appeal.
The estate includes two licensed ruins that offer the potential for redevelopment, enhancing its investment value. With direct lake access and a fully equipped equestrian complex featuring a sand training area and an internationally sized jumping arena, it caters perfectly to horse enthusiasts while providing lucrative agricultural ventures with the olive grove. The location, merely 6 km from Ourique, allows for easy access to local amenities such as schools and shopping options.
Additionally, the property is well-fenced and includes adequate water supplies through boreholes and water piping, which significantly reduces operational costs in farming. The significant ongoing development with the Alqueva Dam is expected to bolster local water resources, making this an even more appealing long-term investment. The combination of equestrian facilities, agricultural potential, and stunning views creates a unique opportunity for buyers looking to invest in a lifestyle as well as a property. Explore this remarkable opportunity before it’s gone. Contact us now to schedule a viewing!
• 2 Plots: 14,45 Ha. with independent entrance gateways
• Construction Area: 248 m2 agricultural building
• Divisions: 5
• Licensed Construction Area: 314 m2
• Licensed Divisions: 7
• Sand riding training school
• Internationally sized grass jumping arena
The property consists of:
- 2 large plots with licensed ruins along side the lake with independent entrance gateways
- Productive Olive Plantation with around 400 trees
- Paddocks including 11 loose boxes in concrete ring beam construction and American Barn configuration with approximately 900m2
- Sand training school
- Internationally sized grass jumping arena
- Grip Room
- Internal land fenced to interlinking paddocks with field shelters and piped water
- Workshop
- Fully fenced on perimeter.
The connection of the Alqueva Dam to the Monte da Rocha reservoir, a project scheduled for completion by the end of 2025, will reinforce the water resources of the Monte da Rocha reservoir. Allowing the lake level to be maintained permanently at 70% and continuing to ensure public water supply to the region.
Ourique region have had a great development is the last years providing a surgery center and Castro Verde has a 24 hours medical attendance unit just 15 kms way.
Amenities
• Borehole
• Water piping along the property
• Internal land fenced
• Workshop
• Horse cleaning area both interior and exterior
Location
• 6 km from Ourique with schools, local market and several commercial and social areas
• 10 km from Funcheira Train Station
• 62 km from South West Coast beaches
• 100 km from Faro International Airport
