A lakefront investment property in Portugal with an olive grove and redevelopment potential is available near Ourique for €1,200,000. The Alentejo estate extends across 14.45 hectares on a picturesque peninsula at Monte da Rocha lake. With approximately 1.5 kilometres of private waterfront, it offers a rare combination of natural setting, agricultural activity and licensed redevelopment opportunities. Around 400 productive olive trees provide an established plantation and potential farming income, although returns will depend on management and market conditions. Two large licensed ruins beside the lake may be rebuilt, subject to planning permission and National Ecological Reserve regulations. The property has a licensed construction area of 314 square metres. An existing agricultural building contributes approximately 248 square metres of construction. Seven licensed divisions are recorded, giving buyers a useful framework for investigating future layouts. The land is arranged over two plots with independent gated entrances. A fully equipped equestrian complex creates another possible revenue stream for training, boarding or rural tourism, subject to the required permissions. It includes 11 loose boxes within an American Barn structure of roughly 900 square metres. A sand riding school and internationally sized grass jumping arena support serious equestrian use. Fenced paddocks, field shelters and piped water make the grounds operational for horses. A workshop, grip room and indoor and outdoor horse-cleaning areas are included. The estate has a borehole, photovoltaic equipment, generator and septic tank. Its protected waterside location attracts nature lovers and provides broad open views. The planned connection between the Alqueva Dam and Monte da Rocha reservoir was described as supporting more consistent lake water levels, subject to project progress and official implementation. Ourique is 6 kilometres away, while Funcheira Train Station is approximately 10 kilometres from the property. South West Coast beaches are about 62 kilometres away and Faro International Airport is approximately 100 kilometres distant. Contact us today to assess the investment potential and arrange a private viewing.
• 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
