$4,666,780

Investment And Renovation Project Of A Huge Country Estate Near Mértola, Alentejo

  • 18 Beds
  • 18 Baths
  • 21,378 Sqft
  • 20.28 Ac lot
  • Updated: March 27
  • 12
    Views for last 30 days
  • 15

About the Property

● Pure living area: 1.986m²

● Construction area: 1986m²

● Fenced plot: 82.033m²

● Rooms in total: 30

● Storage rooms, cellars, wine cellar, shop, service rooms

● Main house, buildings in U shape surrounding a large courtyard, chapel, 3 outbuildings

● Approved Renovation & Investment Project

● The price includes the property and the
● Pure living area: 1.986m²

● Construction area: 1986m²

● Fenced plot: 82.033m²

● Rooms in total: 30

● Storage rooms, cellars, wine cellar, shop, service rooms

● Main house, buildings in U shape surrounding a large courtyard, chapel, 3 outbuildings

● Approved Renovation & Investment Project

● The price includes the property and the approved project but not the construction costs

● Year of Construction: Before 1951 and ongoing

● Business for Sale Project

This extraordinary huge country property is easily accessed by a tarmac country road near the town of Mértola in the Alentejo. The gates lead to a parking space for approx. 50 cars. The approved renovation & investment project offers a Boutique Resort with Hotel, SPA & Wine Bar in a rural area with sustainable aspects. The current situation shows a palatial house from the early 20th century, a wine bar & shop with storage rooms, further accommodation and service areas, a chapel, pool, and terraces, several outbuildings all in need of renovation. At the moment only a small part of the main house and the wine bar are renovated. The approved project can be presented with all dimensions, 3D photos and possibilities.

This would be an attractive proposition for both private and business investors including large hotel and resort groups. Further Possibilities: Events – Retreats – Weddings – Festivals – Horse riding - Luxury SPA experience, Agricultural Farm, Restaurant and Wine Tasting with Shop.

The huge main house is divided into three floors:

● First floor, ground floor and basement which is currently a wine tasting bar and shop

● All other buildings are on one floor

Features:
PARKING: Private Parking
EQUIPMENT: Solar (Water)
POOL: Saltwater
GARDEN: Landscaped, Natural, Fenced, Trees
EXTERIOR: Courtyard, Paddock, Pond
VIEWS: Countryside View

Location:
● 3km to next village with restaurants

● 29km to Mértola/ 25km to Beja with all amenities

● 145km to Faro airport

● 197km to Lisbon airport

● 33km to Praia Fluvial da Ribeira de Carreias, Mértola (River Beach)

Amenities:
● Wine bar offering wine tasting plus souvenir shop up and running

● Cellar for wine and shop & storage rooms

● 2 boreholes, cistern, not yet water from the mains, but in process

● Water collection for the cistern

● Mains electricity in process of being installed

● Solar panels for two of the boreholes

● A drip irrigation system covering all garden areas

● Pool in need of renovation

● Main house which is partly renovated plus a project for hotel suites and an owner’s apartment. The project includes 18 superior quality accommodations, 450m² covered service centre, chapel with Portuguese tiles, further outbuildings

● Beautiful relaxing outdoor places and terraces, garden, trees and water features

● Ideal for animals

● Ideal for rural tourism with accommodation, restaurant and wine & tasting bar
  • Property type

    Estate

  • Floors

    1

  • Price/sqft

    $218

  • Emissions

    D

  • Consumption

    D

Explore the Area

Mértola, 7750, Portugal View on Google Maps
Price per sqft
Low
High

View 1 more listings in Alcaria Ruiva

Togofor Homes

Joined 11 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Togofor Homes
Portugal
View agency profile
32
Listings
2015
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Togofor Homes
Vilamoura, Portugal
View agency profile
Last updated
March 27
First listed
May 23, 2024
Listing reference
AT2170
Call

Start phone call with:

Hello, I’m calling for the property with the reference AT2170, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.