The property featuring licensed ruins in Ourique is currently priced at €995,000. This extraordinary estate spans 14.45 hectares and includes two large licensed ruins situated on a picturesque peninsula by Lake Monte da Rocha. Perfect for buyers looking to invest, the site offers 1.5 km of private waterfront and the potential to rebuild these ruins into charming residences or holiday rentals. Additionally, the estate houses a fully equipped equestrian complex, which is ideal for horse lovers and those seeking to engage in equestrian activities. The productive olive grove, which consists of around 400 trees, adds to the investment potential of this property. Located just 6 km from Ourique, you’ll enjoy easy access to schools, local markets, and various commercial facilities. Venture a bit further, and you'll find yourself only 10 km from Funcheira Train Station and 62 km from the stunning beaches along the South West Coast. The property’s investment potential is enhanced by the expected completion of the Alqueva Dam connection to the Monte da Rocha reservoir by the end of 2025, ensuring consistent water supply and enhancing the area's appeal. This fully fenced estate serves as a sanctuary for nature enthusiasts and offers breathtaking views along with a plethora of nearby outdoor activities. Don't miss out on this unique opportunity! Contact us today to learn more about this remarkable property.
• 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
