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What price should buyers expect for a renovated three-bedroom rural home on 15 hectares in Alentejo?

Villa in Ourique

ref. AT2158
1.800.000€
  • A+
  • 3
  • 3
  • 420m2
  • 150.000m2
  • Farm

Buyers should expect an asking price of €1,800,000 for this renovated three-bedroom rural home on approximately 15 hectares in the Alentejo. The property near Ourique offers far more than a country house, including lake frontage, equestrian facilities, a pool and productive land. Its 420m² living area is arranged across a single level. Each of the three bedrooms has an en-suite bathroom. The semi-open-plan home opens onto a substantial covered terrace on two sides. The terrace overlooks the landscaped low-maintenance garden and 12 by 6 metre swimming pool. Beyond the pool, the property enjoys views towards the lake. The bedrooms look across the countryside, olive grove and fenced paddocks. Private access extends to approximately 1.5 kilometres of lake waterfront. Horse owners benefit from a 12-box stable block with a grip room. An Olympic-size sand arena provides space for training and riding. Fenced paddocks complete the dedicated equestrian setting. The estate also includes a tennis court for recreation and entertaining. Two large ruins could potentially be restored, subject to the relevant permissions. Olive groves described as organic standard may support an additional agricultural income stream. Photovoltaic panels and a battery bank contribute to the home’s energy independence. Solar panels and a wood burner with back boiler provide alternative hot-water solutions. Three boreholes serve the house, stables and an area close to the ruins. The estate is approximately 6 kilometres from Ourique and its amenities, including a hospital. Funcheira railway station is about 10 kilometres away, and Faro Airport is roughly 100 kilometres away. Contact us for current pricing information, further documentation and a private viewing.

Usage
Residential
Type
Villa
Town
Ourique
Parish
Ourique
Municipality
Ourique, Beja
Region
Alentejo (Central)
Construction Year
1999
Rooms
7
Bedrooms
3
Bathrooms
3
Floors
1
Furnished
Negotiable
Living Area
420 m²
Usable area
420 m²
Plot Area
150.000 m²
Dirt track
Carport, Driveway
Own Entrance, Open Plan, Fully Fitted
Storage, Laundry, Pantry, Office/Study
Solar (Water)
Borehole, Generator, Photovoltaic
Double glazing
12x6m
Landscaped, Fenced, Fruit Trees
Tennis court, Stables, Paddock, Lake
Countryside View, Lake View
• Living area 420m²; Construction size 420m²
• Plot size 150.000m²
• Year of construction 1999, renovated
• 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
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