A self-sufficient rural property with olive groves near Ourique can be an attractive investment because it combines a substantial home, productive land and several potential income uses. Offered for sale at €1,800,000, this 150,000m² Alentejo estate includes a 420m² renovated country house. Buyers looking for a diversified rural investment can consider equestrian activities, retreats, rural tourism, agriculture or private living. The residence provides three en-suite bedrooms and is arranged on one convenient level. A semi-open-plan interior leads to a large covered terrace on two sides. The property’s setting beside the lake creates a distinctive lifestyle proposition for residents and paying guests. Around 1.5km of private waterfront adds privacy and recreational appeal. The organic-standard olive groves may generate agricultural income, although returns will depend on production, costs and market conditions. A 12-box stable block and Olympic-size sand arena support professional or private equestrian use. Fenced paddocks provide practical grazing and horse-management space. The 12 x 6 metre swimming pool and tennis court strengthen the property’s appeal for holiday lets, retreats or guest experiences. Two large ruins offer possible future development opportunities, subject to planning and licensing approval. The house can operate independently from the wider land, allowing a buyer to phase investment in a manageable way. Photovoltaic panels with a battery bank reduce reliance on the conventional electricity network. Solar hot-water panels and a wood burner with back boiler add to the property’s energy-conscious design. Three boreholes provide water infrastructure for the house, stables and the area near the ruins. Ourique, 6km away, supplies everyday amenities and includes a hospital. Funcheira train station is roughly 10km away and provides high-speed rail links to cities. Faro Airport is approximately 100km away, which is useful for international owners and tourism operations. Contact us to assess the investment potential and schedule a viewing of this versatile rural estate.
• 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
