Investors can buy 558,000 m² of land near Ourique for £548,000, with potential to investigate separate building plots. The holding is divided into two sections by a road and may offer scope for two plots, subject to subdivision and planning approval. Its agricultural registration and development options must be verified with the Câmara Municipal de Ourique. The site is located approximately 4 km from the town and its everyday amenities. The land includes fertile areas, pasture and many mature holm oaks. A small stream borders one side, contributing to the landscape and rural appeal. Two wells add value for agricultural use and potential future habitation. One well is situated on the 11-hectare part and has abundant water. The other well is reported to provide sufficient water for a household on the larger section. Electricity and telephone lines are close to the property, which may assist future connection planning. Access is provided by a tarmac road and manual entrance gate. The local authority has indicated that a house could be possible when the land is used for agriculture, such as sheep keeping or crop production. If the two parts can be separated, a house on each section may be considered, but this is not guaranteed. An agricultural owner’s dwelling may reach 500 m² under the stated conditions and permissions. Support buildings of up to a further 500 m² may also be possible. A future PDM revision may create an opportunity for up to 1,000 m² of tourism construction. These figures are potential planning parameters rather than confirmed building rights. Investors should obtain independent legal, architectural and financial advice before relying on any development or rental projections. An approved country home or agro-tourism scheme could create future rental income, although returns will depend on design, licensing, construction costs and market demand. Ourique offers supermarkets, restaurants, cafés, banks, a post office and a school, while Faro Airport is approximately 100 km away. Contact us to assess the subdivision potential and arrange a viewing of this versatile Ourique investment opportunity.
• 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
