Investors can buy this rural retreat in Portugal for €849,000, with extensive land, panoramic views and potential for rental or rural tourism use. Near Ourique in the southern Alentejo, the property offers a renovated four-bedroom house, a private pool and a fenced 75,000 m² estate. Its existing accommodation and infrastructure make it a compelling opportunity for buyers considering a lifestyle investment with future income potential. The home contains 233 m² of living space and approximately 400 m² of total construction. Four bedrooms and four bathrooms allow the property to serve as a spacious holiday rental, family retreat or owner-operated business. Three en-suite bedrooms offer convenience for guests and can support flexible room arrangements. The former bedroom currently used as a modern office could be adapted for management, remote work or additional accommodation, subject to any necessary permissions. Guests can gather in the open-plan living kitchen, lounge and conservatory. A wood burner, air conditioning and electric heating help make the house comfortable throughout the year. The 10 x 5 metre private swimming pool strengthens its appeal as a holiday destination. A covered outdoor kitchen and BBQ area provides a practical venue for al fresco dining and events. The south-facing elevated position gives wide views over the natural Alentejo landscape. A separate 76 m² building offers valuable storage for vehicles, maintenance equipment or business supplies. Municipal information identifies potential for Tourism in Rural Areas and other tourism-related projects, including a possible caravan park, subject to planning and approval processes. Investors should commission detailed feasibility, licensing and financial assessments before relying on projected ROI or rental returns. Rural tourism could be complemented by walking, cycling, equestrian, agricultural or nature-based experiences in the surrounding area. Ourique is approximately 10 kilometres away and provides restaurants, amenities and a hospital for residents and visitors. Santa Clara Reservoir, river beaches, Beja, the Algarve and the west coast offer varied attractions for future guests. Lisbon Airport is around two hours away, while Faro International Airport is approximately 98 kilometres from the estate. Contact us today to explore the investment potential, planning route and viewing arrangements.
• The house can be extended but there is also a possibility that the land allows for Tourism in Rural Areas (TER)
• 233m² living area, approx. 400m² construction area
• 4 bedrooms, 3 en-suite bathrooms, 1 family bathroom
• Fenced 75.000m² plot
• Year of construction: 2008, renovated in 2024/2026
• 10 x 5m swimming pool
• Ideal for agriculture, horses, and other livestock
• Surrounding is also ideal for walkers & bikers
• South orientation with wide open views
• Location is private but not isolated
• Great potential - also for investors
This is a perfect, well maintained country retreat, but not far from a town, the reservoir, lakes and rivers, the Algarve, West Coast or the historic town of Beja and Évora! The single storey country house with 4 bedrooms and 4 bathrooms is located in an elevated position with panoramic views to the natural Alentejo countryside. From a small tarmac road there is a 1km dirt track giving access to the property which leads to an inner courtyard with many parking spaces, a second building of 76m² for storage, harvest, equipment or cars. The property has been recently renovated. One of the bedrooms was converted into a big, modern office. This place is ideal for a large family or holiday home, to rent out and for nature lovers, livestock, horses and agriculture. There is plenty of space for various ideas and events.
There is potential for further development, particularly in the area of rural tourism (TER) and other tourism-related projects, such as a caravan park, subject to the usual planning and approval processes.
• Main entrance to open-plan living kitchen
• Lounge with conservatory and wood/log burner
• Kitchen with adjacent pantry
• Air conditioning throughout, electric heating
• Fruit trees and cork trees, garden
• BBQ area with roof, hot water and wide open views
Amenities
• Mains electricity plus solar
• Electric boiler for hot water
• Borehole
• Outdoor lighting
• Large septic tank
• Reserve air conditioning throughout, wood burner
• Heating
• Internet, good phone reception, SAT TV
• Double glazed windows and manual French shutters
• Marble window sills and door steps
• Fly screens throughout
• Covered outdoor kitchen/BBQ with fridge, worktop, and hot & cold water supply, kitchen cupboard
Location
• Approx.10km to Ourique town with:
• Important amenities, restaurants, hospital
• 1,5 km to nearest bar
• 4 km to 3 restaurants and a coffee bar
• Approx. 45 km to Santa Clara Reservoir
• Approx. 80 km to Mertola River Beach
• Approx. 1 hour to Odemira west coast
• Approx. 1 hour drive to the Algarve
• Approx. 2 hours’ drive to Lisbon international airport
• Approx. 98 km to Faro international airport
Other Info
According to official information from the municipality of Ourique, there is potential for further development, particularly in the rural tourism sector. This presents an attractive opportunity for investors, as the property has existing infrastructure and offers scope for expansion into rural tourism within a regulated yet supportive planning framework. A project proposal must be submitted in this regard.
