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Baixo Alentejo, Ourique, Portugal

€1,600,000
Principal Algarve, Algarve
PROPERTY TYPE

Farm House

BEDROOMS

3

BATHROOMS

5

SIZE

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Key features

  • 3 bedrooms
  • Total area: 150000 sqm
  • Swimming Pool
  • 5 bathrooms
  • Fireplace
  • Construction year: 1999

Description

A once in a lifetime opportunity to change your life forever!. This is a rare chance to acquire a unique home in an outstanding, private and beautiful location yet just a short drive to Ourique with all the facilities you would need; supermarkets, quality restaurants, hospital and a transport hub by rail or road.. A home that also can provide substantial income and opportunities limited only by your imagination.

This incredible 15-hectare (37 acres) estate is situated on a peninsular jutting out into the Barragem Monte da Rocha lake. Here reigns peace and tranquillity in an area of outstanding natural beauty, protected, as the surrounding countryside is designated a natural reserve.

Let's go through just what's on offer:

A three bed fully modernised villa finished to the highest standards with pool, situated at the highest point of the property overlooking the lake.
A well equipped equestrian centre with a modern stable block
A productive olive grove
Extensive grounds sloping down to the lake with 1.5km of shoreline
5 separate ruins offering numerous possibilities

The main house *O Lago Vista* was rebuilt in 1999, with modern construction techniques. This included extensive insulation and double glazing (rated C) and has a construction area of 310 Sq.m. It is finished to the highest standards, and set in its own private and fenced plot of around 1 hectare of mature, sub-tropical, low maintenance gardens. The house has a large lounge with patio doors to the veranda, a dining room with patio doors to the veranda, leading on to the wonderful central kitchen, the hub of the house. This features an amazing woodburning fire with back boiler for hot water which also has cooking facilities. The kitchen flows into a delightful summer room where you can sit and look out at the panoramic views and lake. From the kitchen a corridor leads to the rear of the house where we find 3 bedrooms, all ensuite. The master bedroom is absolutely huge with separate seating and dressing area.
A spacious veranda extends around two sides of the house overlooking the lake, gardens and 12 x 6m pool. Outside we also find a carport, a hard surface football or tennis pitch and a solar array. The house generates its own electricity and is quite self-sufficient with a substantial battery backup system and for extreme circumstances it does have a generator too. The water is supplied by borehole.

The equestrian centre is situated away from the house. The high quality, modern construction stable block has 12 boxes, tack room, and all the facilities you would need plus a sand school, an Olympic size arena and much more. The surrounding land gives access to miles of trekking opportunities.
If horses are not your thing the stable block is a modern steel frame construction which can easily be adapted to other uses. The operating centre for leisure activities, a yoga or well being centre /retreat. Art centre, music studios, endless possibilities subject to permissions. With low light pollution add star gazing to that list! The environment is both beautiful and serene.

The olive grove is very productive giving very high quality extra virgin olive oil, the land is to organic standards.

The grounds flow down to the lake and it's so beautiful. This lake provides drinking water for the community, as a result motorised craft are not permitted (unless electric powered) but canoeing, windsurfing, sailing, rowing and fishing most certainly are. The estate has private access to the lake. Public access is on the other side of the lake which is a considerable distance away so you have it more or less to yourself. As the lake level falls you have access to much more land, perfect for grazing or exercising horses.

The ruins, 3 are adjacent to the house in an elevated position with superb views over the lake . The current owner bought the ruins to ensure his privacy and they are on separate articles. two further ruins are near to the lake and have massive potential.

The potential business opportunities are incredible, the olive grove has the ability to create good income, the equestrian facilities if used for livery can generate substantial income but the real gem would be for rural tourism, the location, the access to the lake, the ruins can provide service facilities for camping, yurts, cabins. Rebuilding the ruins can give further income. The local council are very supportive of ventures that create employment and such projects would be welcomed. A six-figure income stream is quite achievable.

The estate is situated in the Southern Alentejo, minutes from the major town or Ourique, easy access to the southern coast / Lisbon by the IC1 or A2. A major train stop with access to Lisbon fast trains Albufeira is just 1 hour away. The tranquillity and lifestyle but not isolated.

The current owners have lived here for over 20 years. Chances like these in life are rare, don't miss out.

REF: P232

Baixo Alentejo, Ourique, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    46.7 miles
  • Lisbon(International)
    91.3 miles
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About the agent

Principal Algarve, Algarve

Casa Rebela, Estrada De Vale Rabelho, 8200-428, Albufeira, Portugal

Principal Algarve, Algarve

With over 20 years of experience in the real estate and property management market, we are your helping hand in the Algarve

Principal Lda is a long established family run, government registered and licenced Estate Agency (AMI Licence Nº 795) and members of the Portuguese Real Estate Association (APEMIP Nº 403)

We have an extensive knowledge and range of properties in the Vale de Parra area, catering for all tastes and budgets. We offer a truly personal and comprehensive ser

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Notes

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This is a property advertisement provided and maintained by Principal Algarve, Algarve (reference 80291_P232) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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