Your Property Specialists
River Beach
Full Screen

Why buy a large rural land investment with two wells near the Alentejo coast?

Plot in Ourique

ref. AT2086
700.000€ 548.000€
  • NA
  • 558.000m2
  • Building Plot

Buying this large rural land investment near the Alentejo coast gives purchasers 558,000m² of agricultural land with two wells for €548,000. The property is positioned approximately 4km from Ourique and 65km from Vila Nova de Milfontes beach. Its size, water resources and potential building options make it worth considering for agriculture, rural living or agro-tourism. Mature holm oaks, fertile land and pasture create a productive countryside environment. A small stream borders one side of the holding and enhances its landscape appeal. The two wells offer valuable water access for farming and possible domestic use. One well is located on the approximately 11-hectare part and has abundant water. The other well on the larger section is described as sufficient for a household. Buyers should arrange independent checks on water quality, flow, rights and infrastructure. A tarmac road provides convenient access to the property. Electricity and telephone lines are close to the land, which may reduce the complexity of future connections. The road divides the property into two parts and could provide flexibility for a future subdivision. The possibility of creating two separate plots must be confirmed with the relevant authorities. Because the holding is larger than 5 hectares, the town hall has indicated that a house could be considered for an agricultural use. A potential owner’s dwelling may be up to 500m², alongside up to 500m² of agricultural support buildings, subject to approval. After the PDM revision, a further 1,000m² may potentially be available for tourism purposes. Such potential could support a diversified business model combining land management, accommodation and local experiences. Ourique provides supermarkets, shops, banks, restaurants, cafés, a school and other everyday services. Easy access to the highway and IC1 connects the site with the Algarve and Lisbon, while Faro Airport is around 100km away. Any rental income, resale growth or ROI will depend on planning, investment costs, licensing and demand, so contact us today to explore this rural investment near the Alentejo coast.

Usage
Residential
Type
Plot
Town
Ourique
Parish
Ourique
Municipality
Ourique, Beja
Region
Alentejo (Central)
Plot Area
558.000 m²
Tarmac, Manual Entrance Gate
Mains electric, 2 Wells
Countryside View, Panoramic View
Building Plots
• 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
Enquire Now   +