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How much does a large estate with rural tourism potential cost?

Villa in São Teotónio

ref. PDB1975
3.800.000€
  • NA
  • 4
  • 3
  • 414m2
  • 800.000m2
  • Alojamento Local

The price for this expansive 800,000 m² estate, which features ample rural tourism potential, starts at €3,800,000. This remarkable property, situated just 4km from the beautiful Alentejo coast, offers a unique opportunity for investors interested in the thriving tourism market. With a living area of 414 m², it is perfect for creating a rural hotel or other accommodation options.

Currently, the estate houses a Licensed accommodation with three large suites, providing immediate rental income of about €30,000 a year, with the potential to grow significantly with further development. The property also hosts a profitable eucalyptus plantation that generates an additional annual income.

The existing structure includes spacious bedrooms and bathrooms, providing a comfortable living experience while ensuring that guests feel at home. The idyllic surroundings offer a mix of rural charm and coastal proximity, enhancing the appeal for potential tenants.

Additionally, the estate is equipped with a pool and expansive gardens, making it an ideal setting for various outdoor activities. The locale is known for its picturesque landscapes and easy access to several beaches, enhancing its attractiveness as a holiday destination.

With plans for possible expansion and further rehabilitation of existing ruins into more suites, this estate is not just a purchase; it’s an investment in a lucrative future. Take the chance to own this remarkable property and help shape the future of rural tourism in the Alentejo.

Explore this estate today and discuss the potential with our team!

Usage
Residential
Type
Villa
Town
São Teotónio
Parish
São Teotónio
Municipality
Odemira, Beja
Region
Alentejo (West Coast)
Rooms
6
Bedrooms
4
Bathrooms
3
Floors
1
Living Area
414 m²
Plot Area
800.000 m²
Private Parking
Lounge/Dining
Terraces
Rustic
Storage
4, En-Suite
Family Bathroom
Wood Stove, AC
Swimming Pool
Private, Lawn
• Several houses, buildings, one with AL = rental licence
• Living area 414m²
• Plot 800.000m²
• 4 bedrooms, 3 bathrooms
• Rural tourism project
• Swimming pool
• Possibility to expand the buildings
• 4km to the beach of Zambujeira do mar and Praia do Alteirinho

This 80-hectare estate near the Alentejo coast is divided into a residential area and an area for rural tourism. The latter has enormous potential for expansion and construction of a country Hotel, as well as a eucalyptus plantation whose maintenance and operation has been entrusted to a specialized company for the next 19 years.
Here you can enjoy the countryside's peace and the sea, as well as the beach of Zambujeira do mar and Praia do Alteirinho, which are just 4km from the property.

The house with AL (Local accommodation):
- 3 large suites, living room with wood-burning stove and kitchen
- Air conditioning and heating

House of 200m²:
- 100m² of it are fully recovered and inhabited by the owner
- The other 100m² are being used as storage, however they can be rehabilitated for another house with AL or increase the house already recovered, thus making a single house with 200m²

- Ruin with 214m² (with the possibility of being increased) that, after rehabilitation, can be turned into 7 suites

Outside:
- The entire property is surrounded by a garden & natural park
- The pool area is surrounded by lawn

Current profitability:
- AL (house with 3 suites) generates an annual income of 30,000
- The exploitation and maintenance of eucalyptus groves generates an annual income of 12,000
- If the ruin is rehabilitated for tourism purposes (needs an application to the municipality hall for a further 1000sqm²), it can become a new rural Hotel - the revenue will be very high

Price can be negotiable.

Amenities

• Rental Licence and Rural Tourism Project - Great Potential
• Profitable eucalyptus plantation
• AC and wood burning stove
• Storage
• Swimming pool

Location

• 4km to the beach of Zambujeira do mar and Praia do Alteirinho

Other Info

CO04
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