Your Property Specialists
Almograve Beach
Full Screen

Which properties are ideal for investment near the Costa Vicentina coastline and the Algarve?

Villa in São Teotónio

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

Investing in prime real estate near the Costa Vicentina coastline and the Algarve has never been more appealing than with this expansive estate in São Teotónio. Covering 80 hectares, the property boasts multiple residences and a successful rental licence, making it a perfect investment for buyers focused on income potential. Located just 4 km from beautiful beaches like Zambujeira do Mar, this estate not only offers tranquillity but also accessibility to sought-after coastal attractions. The property's main house features three spacious suites, a commodious living area with a wood-burning stove, and reliable heating and cooling systems. As a savvy investor, you will appreciate the existing income generation of approximately €30,000 per year from the rental accommodation and an additional €12,000 from the eucalyptus plantation. Moreover, with expansive land available for development, the potential to convert a ruin into tourist accommodations poses a lucrative opportunity for substantial returns. The combination of its location, facilities, and revenue-generating capacity makes this estate an unparalleled choice for astute investors. Secure your piece of premium real estate today, and contact us to arrange a viewing!

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
Enquire Now   +