City: Alentejo
Country: Portugal
Price: EUR: 2,550,000
(USD≈2,947,993)
(GBP≈1,843,385)
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Status: Active
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Agent info:
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Full Description:
Asking Price: 2,550,000 € - 2,950,000 € (Negotiable)
Rent It For: 12,000 € - 15,000 € per month
Real State Investment Opportunity in Developing Alentejo
Only a Few are lucky enough to live in a place like this. This can be your home as well as your overseas retirement retreat, or simply a new way of living.
(This is an honest business opportunity. PLEASE, DO NOT CALL OR CONTACT US, UNLESS YOU ARE WILLING TO PROVIDE A COMPLETE IDENTIFICATION AND PROOF OF COMPETENCY TO MAKE THIS DEAL UNDER THE PORTUGUESE LAW We will not accept offers that can not be dealt within the Portuguese or International Banking System. We will only show our property to interested parties able to make proof of their competence to get the business done under the Portuguese Law).
Base Price: 2,55M€
Price of Furniture: 200.000€
(Price of property completely furnished, ready to use: 2,75M€)
Price of Urban Terrain: 200.000€
(Price of property completely furnished and including a plot with an area of 11,300m2 of urban terrain: 2,95M€)
The farm has an area of 70ha (about 173 acres) and is located in the Alentejo — one of the most ecologically protected regions of Portugal.
The Alentejo Area is in fact (together with the Azores Islands) the most pure and
environmental preserved region of Portugal. It's the country zone, the hunting and the wildest area. And its only 1h30m away from Lisbon and about 40 minutes from Spain, served by the very best highways and roadways.
In the Alentejo, you may find the finest, honest and pure minded people. You can find castles, Palaeolithic "antas" and old Roman bridges. You can also visit old villages and the city of Évora that is a world heritage protected city by Unesco.
The Algarve is loosing the interest of foreign investment, since prices have risen to unfordable levels. There is a developing process going on in Alentejo now. There are more than ten new approved projects of 18 hole golf courses within a radius of about 50km of our farm (two of them within a 10 minute ride). The Alqueva Dam – the biggest European artificial lake, with a perimeter of more than 1100km – has brought to the Alentejo, some of the most important investment companies of the world and the attention of the foreign media.
The House has more than 1400m2 of building facilities, offering ten fully furnished apartments with a potential for growth to thirty rooms and apartments and could upgrade itself into a rural charming hotel or a small resort. It has a generous salty water swimming pool and guest facilities include, two large living and games-rooms, one breakfast-room, barbecue, esplanada, porch and more than 1600m2 of garden.
The house is implanted in more than 70ha (173 acres) of agricultural and forest terrain. Part of this area may be urbanized. About 11,300m2 fall into the urban extension of the adjacent village. According to local regulations and to a plan that is now approved by the Township, one can use this terrain to build a condominium of 17 villas, representing a gross business of more than 7,0 Million Euro. The area to be urbanized within the perimeter of the property, may also be used to build a condominium or a tourist resort.
According to recent changes to the Pdm (Municipal Director Program) of our
Township, one can file for the appreciation of a Touristic Project that would be bounded to a minimum of 100 Touristic Beds up to a maximum of 500, turning this special property into a well positioned investment spot in the Area. For a less affordable investor, the same Pdm privileges the possibility of applying for the augmentation of the actual size of the building by 50%, or simply just buy it, live in it and enjoy it!
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Home Features - Balcony
- Cable/Satellite TV
- Patio/Deck
- Washer/Dryer
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