The asking price for this stunning 3-bedroom villa, complete with stables and picturesque lake views, is €1,600,000. Located in the scenic Alentejo region, this property not only offers a spacious living area but also an Olympic size sand arena and extensive outdoor amenities. Investment potential is high due to the surrounding organic olive groves, perfect for generating sustainable revenue alongside a comfortable home.
• Living area 420m²; Construction size 420m²
• Plot size 150.000m²
• Year of construction 1999
• 3 bedrooms with en-suite bathrooms
• Swimming pool 12 x 6m and tennis court
• Fenced paddocks
• 12 box stable block with grip room and Olympic size sand arena
• Views and private access to lake
• Two large ruins which can be recovered
The house is all on one level, semi open plan with access to a large covered outdoor terrace on two sides.
The views are over the mature low maintenance garden and pool to the lake beyond.
Bedrooms are at the back with country views to the olive grove and paddocks.
From the paddocks there is access to 1.5km of private water front.
There are many possibilities with this property as the house is independent of the larger land area. Family home and rent the rest or make a business or keep horses for pleasure.
The olives are organic standard and can generate a good income.
Amenities
• Photovoltaic panels plus battery bank for electricity
• Solar panels and wood burner with back boiler for hot water
• Three boreholes – house, stables and near to ruins
Location
• 6km to Ourique with all facilities including a hospital
• 10km to Funcheira train station with high speed trains to the cities
• 100km to Faro airport
