A large plot with olive groves in Alentejo is an incredible investment opportunity due to its potential for agricultural and residential development. Priced at £399,000, this 27-hectare property encompasses a country house and features over 1,600 olive trees, providing not only beauty but also profitable agricultural opportunities. Purchasing this property means you have access to a land area perfect for cultivating olives, potentially producing high-quality olive oil to sell or enjoy personally.
Moreover, the existing country house offers a spacious 109m² living area, which can be personalised through renovations. The residence includes three bedrooms and three bathrooms, making it a suitable backdrop for family life or a holiday retreat. With permission to develop the adjacent ruin into a larger space, this property gives room for substantial growth in both living space and value.
Surrounded by lush gardens and a large vegetable garden featuring numerous orange trees, the outdoor spaces are ideal for relaxation and leisure. The property boasts essential amenities such as solar panels, a septic tank, and two considerable storage barns, which contribute to the practical living experience. Located just 2.5 km from Vila Viçosa, you have convenient access to local culture and charm while being embraced by verdant countryside.
This unique plot offers a balance of tranquillity and investment potential, making it perfect for those wanting to engage in rural tourism or sustainable agriculture. Don’t miss out on this multifaceted investment opportunity; contact us now to learn more and schedule your viewing!
• 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