An investment property near Mértola combining a modern three-bedroom house, guest bungalows and pine nut production is available for €1,995,000. This Alentejo country estate offers 122 hectares, four independent bungalows, an event pavilion and a private lake as part of one diversified rural asset. It is suited to buyers considering hospitality, retreats, outdoor tourism or a private multi-generational base. The main home provides three bedrooms, an open-plan living room and a modern fitted kitchen. The living spaces overlook the 9m by 4m saltwater infinity pool and the lake beyond. An A+ Energy Certificate and insulated construction may help support efficient occupation and operating costs. The four bungalows measure approximately 40 m² each and include kitchens and private terraces. Their two- and three-bedroom arrangements create flexibility for families, activity groups or short-term guests. Licensing for the bungalows is noted as being in its final phase, so buyers should confirm the current position during due diligence. Around 100,000 pine trees are planted across the estate and remain in the growth phase. The first pine nut harvest is expected in 2027, creating a potential agricultural income stream rather than an immediate guaranteed return. A 50,000 m² private lake adds a strong leisure component to the investment. Fishing, canoeing and swimming can take place on the water, with equipment and a boat included in the sale. The 268 m² licensed pavilion can host approximately 150 people for events and group programmes. Its professional kitchen, screens, sound systems, parking and large barbecue support commercial use. Guests can also enjoy the sandy beach, hiking routes, mountain biking tracks and motocross access. Motorhome facilities broaden the possible accommodation mix and may appeal to touring visitors. The estate is fully fenced and benefits from remote gate access, two boreholes, water pipes and solar water heating. Mértola and Almodôvar are around 25 minutes away, while golf and Algarve beaches are approximately 60 minutes by car. Faro International Airport is about 80 minutes away for overseas owners and visitors. Potential rental income, event revenue and future pine nut production should be assessed through a professional business plan rather than assumed as fixed ROI. Contact us now to arrange further information and a private viewing near Mértola.
Usage
Residential
Type
Country Estate
Town
São Miguel de Pinheiro
Parish
S. Mig. Pinheiro, S. Pedro Solis, S. Sebastião Carros
Own Entrance, Open Plan, Kitchen/Dining, Fully Fitted, Modern, Breakfast Bar, Marble worktop, Electric Hob/Oven, Extractor, Fridge/Freezer, Dishwasher, Washing Machine, Water Heater, Patio Doors, Pool View
• Total Area: 1,225,625 m2
• Living Area: 301.8 m2 (T3)
• Pavilion Area: 268 m2 with capacity for 150 people and respective parking
• 4 Bungalows: 40 m2 each
• Infinity pool 9m x 4m overlooking the lake
• Private lake with 50,000 m2 for fishing and equipment for water activities
• Sandy beach
• Infrastructure for hosting Motorhomes
• 100,000 pine trees for pine nut production in the growth phase, first harvest 2027
• Boat for aquatic sports on the lake included in the sale.
The property consists of:
- Main house with 3 bedrooms and open plan living room with kitchen overlooking the infinity pool and lake. The innovative construction with polyester tank insulation and reinforced concrete filling allows energy savings with A+ Energy Certificate
- An event pavilion with capacity for 150 people with a professional kitchen is fully equipped with screens that cover the entire room and an internal and external sound system. Near the pavilion there are parking areas as well as a professional grill for large pieces.
- 4 fully independent bungalows with 2 and 3 bedrooms with kitchen and private terrace in the final licensing phase.
- A completely private 50 000 m2 lake that allows you to fish, canoe, swim or just enjoy the paradisiacal environment of the small sandy beach. All activities on the lake are supported by a dedicated area.
- The surrounding land is as far as the eye can see and totals 122 Ha. It is full of pine trees that will begin producing pine nuts in the coming years. The entire property is fenced and has access paths that allow hiking, motocross, mountain biking in full sharing with nature.
The region has tourist infrastructure approved by Turismo de Portugal in the implementation phase, such as the Africa Safari Park Theme Park, approximately 15 minutes away.
Amenities
• Gate with remote opening
• Solar panels for water heating
• 2 Boreholes
• Water pipes throughout the property
• Fully fenced land
• Professional BBQ area
• Storage for Lake and Pine Farm Use Equipment
Location
• 25 minutes from Almodovar, Mértola and Guadiana River
• 60 min. of Golf
• 60 min. of the Algarve beaches
• 80 min. Faro International Airport
