Farm With 7 Hectares In The Area Of Portalegre

’Monte da Vinha’, a five-bedroom property with an area of approximately 7 hectares, is located in the Portalegre region, in Alto Alentejo.

The estate consists of a residential house - a traditional Alentejo-style home, originally built in the traditional manner and fully restored in 2003. It is move-in ready and comprises two living rooms (one with a floor-level fireplace), four bedrooms, a kitchen with cabinets, two full bathrooms, a hallway, a guest bathroom, and a laundry room. Additional structures include a garage, a technical annex, and a small porch with a traditional oven. The interior shutters are made of solid wood, and the windows are lacquered aluminum with double glazing. The flooring is terracotta tile, and there is pre-installation for central heating.

The land includes a beautiful and productive vineyard spanning 4.65 hectares, a diverse orchard of 4,500 m², 6,500 m² of clean farmland, and a residential (urban) area of 250 m². Added to this are a 60 m² garage and a 10 m² technical storage area. The soil is clay-limestone in originfertile, deep, and highly productive.

As for the planted vineyard, it includes:

4.5 hectares of traditional Portuguese red grape varieties such as Touriga Nacional, Aragonês, Alfrocheiro, Tinto Cão, and Alicante Bouschet.

0.15 hectares of white grape varieties, specifically Alvarinho and Encruzado.
The vine spacing is 2.50 x 1.20 meters. The vineyard was planted in 2004 and is equipped with drip irrigation.

There is easy access to contracted labor and machinery services. The grapes harvested on-site are either processed in external wineries (e.g., Terras D’Alter and Fronteira) or sold directly.

Notable features also include 190 m² of landscaped gardens and a 1,700 m² courtyard. There is an artesian well that supplies 8,000 liters of water per hour. The property is fully fenced and has an electric gate.

Although the property has 6.5 hectares in total, with 4.5 hectares of productive vineyard, consider the following aspects:

a) Average production per hectare is 6,000 bottles of high-quality wine, which can be sold individually at €10 per bottle, yielding €60,000 per hectare;
b) Considering the 4.5 hectares: 4.5 x €60,000 = €270,000;
c) Annual maintenance and production costs are approximately €30,000;
d) Annual costs, including exceptional acquisitions such as barrels, total around €125,000 for the first two years to re-equip the small winery;
e) The wine has its own brand;
f) An adjacent property is also available for sale at €150,000. It covers 4.5 hectares, is flat, and includes a house in need of restoration. This could optionally be combined with the main estate to expand vineyard production or support another type of crop;
g) The current owner, an Agronomist, can offer consultancy and support.

The property is close to a public dam where water sports are permitted and near historical monuments.

It offers great privacy and has good access roads. (Asking price is somewhat negotiable.) Located about 2 hours from Lisbon.
(N/ Refrª. 220 -21).
#ref:FG220