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What is the investment potential of a property with olive groves and equestrian amenities in Alentejo?

Country Estate in Ourique

ref. AT2313
1.200.000€
  • NA
  • 314m2
  • 144.500m2

This property presents a remarkable investment opportunity in Alentejo, featuring extensive olive groves and comprehensive equestrian amenities, all available for €1,200,000. With a sprawling 14.45 hectares and 1.5 km of private lake access on Monte da Rocha, this estate combines beauty with functionality. The existing olive grove contains approximately 400 trees, providing potential for olive oil production or income through agricultural leasing. The equestrian complex is first-rate, boasting a sand training school and an internationally sized grass jumping arena, ideal for horses and riders alike. The estate includes two licensed ruins which can be developed into unique residential or commercial spaces, further enhancing its investment appeal. Located just 6 km from Ourique, you'll benefit from local amenities, including schools and markets. Furthermore, the anticipated Alqueva Dam connection will significantly enhance the estate's water resources and support agricultural activities. Whether you're an investor looking to expand your portfolio or simply a lover of equestrian sports, this property promises substantial returns. Inquire today to learn more about this unique opportunity!

Usage
Residential
Type
Country Estate
Town
Ourique
Parish
Ourique
Municipality
Ourique, Beja
Region
Alentejo (Central)
Construction Year
1999
Rooms
7
Floors
1
Living Area
314 m²
Plot Area
144.500 m²
Dirt track, Easy Access, Turning Space, Manual Entrance Gate
Driveway
Storage
Borehole, Septic tank, Generator, Photovoltaik
Fenced
Patio, Stables, Paddock, Pond
Countryside View, Wide Open Views
• 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
Enquire Now   +