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Villa in São Teotónio

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

When considering a multi-building property with significant expansion potential, this remarkable estate near the Alentejo coast stands out as a prime example. Listed for €3,800,000, the estate encompasses 80 hectares and offers a variety of structures, including a villa with a rental licence (AL) and a large ruin ready for transformation. With a living area of 414 m², the main house boasts three spacious suites, perfect for accommodating guests or family, and a welcoming living area featuring a wood-burning stove. This estate not only provides multiple buildings but also the possibility to rehabilitate the existing structures, helping to create even more space for guests or additional income streams. The expansive grounds include a refreshing swimming pool and abundant outdoor areas, ideal for enjoying the serene rural lifestyle just 4km from beautiful beaches. Investors will find further appeal in the profitable eucalyptus plantation generating annual income to supplement property costs. This estate’s unique blend of comfort, investment potential, and expansive living situations makes it an excellent choice for serious buyers. Explore the possibilities that await—contact us to learn more!

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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