$1,680,600

Land With Approved Project In Santiago Maior, Alandroal

  • 4,844 Sqft
  • 71.78 Ac lot
  • Updated: October 20

About the Property

A property extending over approximately 29 hectares, with an approved project for the development of a 4-star rural hotel with 10 accommodation units and 12 independent wooden houses, located in Santiago Maior, in the municipality of Alandroal, near the Great Lake of Alqueva and the historic village of Monsaraz.

The property comprises four plots, with a total area of 290,450 sqm, and incl
A property extending over approximately 29 hectares, with an approved project for the development of a 4-star rural hotel with 10 accommodation units and 12 independent wooden houses, located in Santiago Maior, in the municipality of Alandroal, near the Great Lake of Alqueva and the historic village of Monsaraz.

The property comprises four plots, with a total area of 290,450 sqm, and includes a former traditional Alentejo farmhouse, currently in ruins, with approximately 450 sqm of existing built area.

The project comprises two distinct components:

4-star rural hotel: Restoration and enhancement of the traditional Alentejo farmhouse, preserving its traditional architecture and incorporating 10 accommodation units, a reception area, lounge and restaurant serving regional cuisine.

12 independent wooden houses: Prefabricated wooden units, each with an approximate footprint of 100 sqm, with planned layouts ranging from one to three bedrooms (T1, T2 and T3) and outdoor decks. These houses may be marketed individually, namely through a superficies rights model, subject to the relevant legal structuring.

The tourism concept is based on the principles of Slowdown Hospitality, prioritising environmental sustainability, landscape integration, tranquillity and contact with nature.

The project also includes a natural swimming pool, two padel courts and areas dedicated to leisure, well-being and nature tourism activities.

Located approximately 1 hour and 45 minutes from Lisbon, 15 minutes from Monsaraz and Azenhas d’El Rei River Beach, the property benefits from a privileged location in a region of growing tourism interest.

An investment opportunity combining the operation of a 4-star rural hotel with 10 accommodation units and a model for the individual sale of the 12 independent wooden houses, within a tourism development integrated into the Alentejo landscape.

Features:

- 4 plots
- Ruin with 450 m²
- Approved project for a 4-star rural hotel
- 10 accommodation units within a restored Alentejo farmhouse
- 12 independent accommodation units (wooden houses)
- ’Slowdown hospitality’ concept
- Strong landscape and environmental integration
- Focus on sustainability and well-being

Located in the heart of Alentejo, Alandroal is an area of great tranquility and natural beauty, known for its vast landscapes, holm oak groves, and proximity to the Alqueva Great Lake.

The parish of Santiago Maior stands out for its authentic rural atmosphere, making it ideal for tourism, hospitality, and real estate investment projects.

Within a short distance, you’ll find major points of interest such as Monsaraz, Azenhas d’El Rei river beach, and the Alqueva area, which is highly sought after by both national and international tourism.

Its proximity to the Spanish border and easy access to Lisbon further enhance its appeal, combining privacy, nature, and excellent investment potential.
Energy Rating: Exempt
#ref:PROP-33640
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  • Property type

    Land

  • Price/sqft

    $346

  • Emissions

    NI

  • Consumption

    X

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Quintela + Penalva | Knight Frank

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Quintela + Penalva | Knight Frank
Portugal
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326
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2022
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Quintela + Penalva | Knight Frank
Lisbon, Portugal
View agency profile
Last updated
October 20
First listed
October 17
Listing reference
PROP-33640-0526804834
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