A large rural investment plot near Portugal’s Alentejo coast and the Algarve can be found near Ourique, with 558,000m² offered for sale at €548,000. Its position provides access to the Alentejo countryside while remaining connected to coastal and Algarve destinations. The land is approximately 65km from Vila Nova de Milfontes beach and around 100km from Faro Airport. This combination may appeal to investors considering agriculture, rural tourism or a private countryside development. The property includes fertile land, pasture and numerous holm oak trees. Two wells add practical value for cultivation, livestock and potential domestic use. A stream borders one side and contributes to the natural setting. Panoramic views extend across the undulating landscape. A tarmac road passes through the holding and divides it into two parts. This arrangement may create flexibility for future land management or a possible plot separation. Any division would need to be confirmed and authorised by the relevant municipal authorities. Ourique is only 4km away and offers shops, supermarkets, cafés, restaurants, banks, a post office, a school and a church. The highway and IC1 provide straightforward routes towards the Algarve and Lisbon. Lisbon is approximately 190km away by road. The property is not being sold with a constructed house or completed tourism accommodation. The asking price covers the land only, excluding construction costs and professional fees. Consultation with Ourique Town Hall indicates that an agricultural owner’s home may be possible, subject to registration and approval. There may also be scope for support buildings and future tourism-related construction following the applicable PDM process. Potential ROI would depend on planning consent, the chosen business model, construction costs and local demand. Contact us to review the investment possibilities and arrange an inspection of this exceptional Alentejo holding.
• Plot size 558000m²
• Many holm oaks and fertile land
• Water from two wells
• Easy access on a tarmac road
• Electricity and phone lines very close by so will be easy to connect
• The price includes the plot but not the construction of the building
• 65km to the beach at Vila Nova de Milfontes
This beautiful plot of land in the lower Alentejo is divided into two parts by the road giving the possibility to make two separate plots. Because the land is larger than 5ha the town hall has said that a house could be built if the property was being used for some type of agriculture, keeping sheep or planting produce for example. It is likely also that permission could be obtained to do an agro-tourism project.
There is a well with abundant water on the 11ha part of the plot and another well which gives enough water for a household on the larger plot.
If a new owner wished to separate the two plots, then the possibility is that a house could be built on each one. This must be verified with the town hall.
The town of Ourique is close by and has restaurants, cafés, shops, supermarkets, banks, post office, church, school, etc.
After consultation with the official entities ( Câmara Municipal de Ourique) a house for owner’s habitation, subject to the registration as agriculture, can go up to 500 m2 and additionally 500 m2 for support buildings. After PDM revision additionally 1000 m2 can be built for Tourism.
Amenities
• Wells
Location
4km to Ourique with all amenities
65km to the beach at Vila Nova de Milfontes
190km to Lisbon
100km to Faro airport
