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What investment properties for sale in Alentejo offer a hotel, spa, restaurant and wine-tasting business opportunity?

Country Estate in Mértola

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

For buyers seeking an Alentejo investment property with hotel, spa, restaurant and wine-tasting potential, this country estate near Mértola offers an approved resort project for €4,000,000. The opportunity combines an existing wine bar and shop with extensive buildings and land for a larger rural tourism business. The approved plans propose a Boutique Resort with 18 high-quality suites, spa facilities, restaurant areas, terraces and a swimming pool. Set within 82,033m² of fenced countryside, the estate offers considerable scope for a destination-led hospitality operation. The total living and construction area is approximately 1,986m². Thirty rooms are recorded across the main house and associated buildings. The historic main residence was built before 1951 and is partly renovated. Its basement is currently used for wine tasting and retail sales. A wine cellar, storage rooms, service rooms and shop areas support the commercial concept. The buildings are arranged around a generous courtyard, creating a strong setting for hospitality and events. A Portuguese-tiled chapel provides an unusual architectural feature for weddings and private celebrations. Guests could also benefit from gardens, terraces, water features, pastureland and countryside views. The pool remains in need of renovation and is included within the wider development vision. Approximately 50 private parking spaces are available behind the entrance gates. Two boreholes, a cistern, water collection and solar-powered equipment provide useful rural infrastructure. Mains water and electricity are currently being progressed, and a drip-irrigation system serves the gardens. Possible complementary activities include retreats, festivals, horse riding, agricultural experiences and wine-tasting tours. The nearest village with restaurants is approximately 3km away, while Mértola is 29km from the estate. Beja’s amenities are around 25km away, and the property is approximately 145km from Faro Airport and 197km from Lisbon Airport. Its combination of accommodation, food, wellness, events and wine retail may support diversified revenue planning, although profitability and ROI will depend on the completed scheme and operation. Contact us today for the approved project information and to arrange an inspection.

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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