This large property in Vila Viçosa provides numerous investment opportunities that savvy buyers will appreciate. Currently listed at €399,000, this expansive 27-hectare estate includes a country house with a ruin, making it ideal for restoration and expansion. The total construction area of 167m², combined with the ability to build up to 350m² on the ruin, presents a fantastic chance to increase your investment value. The land can be utilised for agricultural purposes, especially with 1600 olive trees on-site, ensuring potential returns from olive oil production. Moreover, the property has a water tank that can be converted into a swimming pool, enhancing its appeal for vacation rentals or long-term letting. The proximity to Vila Viçosa, just 2.5 km away, ensures access to local conveniences while providing a peaceful country lifestyle. Furthermore, its historical allure associated with King Don Carlos adds cultural value and desirability. This is more than just a property; it's a strategic investment in a thriving region. Buyers looking to tap into the rental market or to create a transformative living space will find this property irresistible. Don't hesitate – contact us to explore your investment potential today!
• Living area 109m² old house with garage
• Construction area of the house: 144m²
• Total construction area 167m² (including ruin of 23m²)
• Plot 215.300m²
• 3 bedrooms, 3 bathrooms
• Ruin with possibility to built up to 350m²
• Fireplace
• Large plot in peaceful location
The property has been named "Horta da Coutada" and was once part of the "Herdade do Lobo" where King Don Carlos used to hunt when he resided in the palace of Vila Viçosa.
House - rectangular shape with 4 entrances:
• Entrance hall
• Kitchen
• Living Room with a fireplace and its own entrance
• 3 Bedrooms+1 with en-suite bathroom, 2 of them with independent entrances
• Family bathroom
• 2 large barns occupying the last third of the building
Outside:
• Large terrace with a small open sky water tank
• Garage
• Shelter for the water deposit which supplies the house
• Small playground for children, under the garage
• 2 storage rooms and other covered spaces
• Septic tank, which does not need to be emptied
• Old pigsties in ruins
Garden and fields:
• Variety of flowers and trees
• The garden is surrounded by a natural green fence that creates paths across the field
• Vegetable garden with 60 orange trees
• Olive grove of 1600 trees surrounding the house
• Large squared water tank which serves as a swimming pool - fed either by a nora or by the well
• Shaded chill-out area
• Water tank fed by a well
Amenities
• Fireplace
• Septic tank
• Solar panels and batteries for electricity
• Well
• Water tanks
Location
• 2.5 km from Vila Viçosa
• Close to Estremoz and the Spanish border