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What investment opportunities exist for a large estate in Alentejo?

Villa in São Teotónio

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

Investors interested in a large estate in Alentejo will find incredible opportunities with this vast property encompassing 80 hectares. Priced at €3,800,000, the estate features several buildings, including a substantial villa with a rental licence, making it a prime choice for those looking to develop a rural tourism venture. With a strong annual income already established from the existing rental arrangements, this property is set to deliver both immediate and long-term financial gains.

The estate is divided into a residential area and a dedicated tourist area, providing vast potential for expansion. Located a mere 4 km from the stunning beaches of Zambujeira do Mar, it attracts a desirable tourist demographic seeking the tranquil charm of rural Portugal combined with easy access to coastal attractions. Additionally, the annual income from the existing eucalyptus plantation offers another layer of revenue, making this investment even more appealing.

With a total living area of 414 m², the villa includes comfort features such as air conditioning and heating, ideal for year-round use. The property allows for building additional accommodation, including the opportunity to convert a 214 m² ruin into a multi-suite lodging option, significantly increasing revenue streams. The presence of a swimming pool and beautifully landscaped gardens enhances the aesthetic value of the estate, making it inviting for guests and residents alike. This is a tailor-made investment for those seeking to capitalise on Portugal’s growing tourism market. Schedule a viewing today to see the full potential!

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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