The price of this remarkable country estate with ruins and an olive grove in Ourique is €1,200,000. This enchanting property spans 14.45 hectares and is located near the serene Lake Monte da Rocha in Alentejo, which makes it an attractive investment for buyers. The estate comprises two licensed ruins, offering potential for redevelopment into charming residences or guest accommodations.
Additionally, the site boasts around 400 olive trees, enhancing its appeal for those with agricultural interests. The estate is fully fenced, providing a safe environment for outdoor activities and equestrian pursuits, complete with a sand riding training school and an international level grass jumping arena. This unique combination makes the property suitable for horse enthusiasts and nature lovers alike.
Conveniently located just 6 km from the town of Ourique, you will have access to essential amenities including schools, markets, and healthcare facilities. The properties benefit from close proximity to the Funcheira Train Station, connecting you easily to broader regional transport networks. The area is also set to see improvements with the Alqueva Dam project, ensuring water supply for the future.
This country estate not only offers a beautiful natural setting but also significant potential for growth and development, making it a wise investment choice. If you are looking to buy a property with both charm and business potential, schedule a viewing today!
• 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