Investors can buy this self-sufficient rural estate in the Alentejo for €1,800,000, with olive groves, lake frontage and flexible rental potential. The property near Ourique is suitable for a family home, rural tourism project, equestrian business or agricultural operation. Its combination of a 420m² renovated house and 150,000m² of land creates several possible income strategies. The country house provides three bedrooms with private en-suite bathrooms. All accommodation is arranged on one floor for convenient everyday living. A semi-open-plan interior opens onto a generous covered outdoor terrace. The garden and pool look towards the lake, creating a strong setting for private use or guest accommodation. The estate has approximately 1.5 kilometres of private waterfront. Its lake setting can help distinguish future holiday accommodation from more conventional rural rentals. A 12-box stable block, grip room and Olympic-size sand arena support equestrian activities. Fenced paddocks provide infrastructure for horse ownership, training or specialist tourism. Organic-standard olive groves may offer an additional agricultural revenue stream. Two existing ruins could potentially be restored to create further accommodation or operational space, subject to approvals. Photovoltaic panels with a battery bank contribute to lower electricity dependence. Solar hot-water panels and a wood burner with back boiler support efficient domestic services. Three boreholes serve the house, stables and an area near the ruins. These facilities make the estate particularly relevant to buyers prioritising autonomy and rural sustainability. Ourique is only 6 kilometres away and provides everyday amenities, including a hospital. Funcheira train station, approximately 10 kilometres away, offers high-speed rail links to cities. Faro Airport is around 100 kilometres distant for overseas owners and guests. Contact us to assess the investment possibilities and schedule a private viewing.
• 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