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House Vale de Água (Portugal)by annonceur international

HouseVale de Água (Portugal)
Price :
$3,015,900
($11,968 / m²)
Surface252 bedrooms2 bathrooms2

158-Hectare Estate with Outstanding Agricultural, Tourism and Residential Development Potential in the Alentejo CoastMagnificent 158-hectare estate located just 7 km from Cercal do Alentejo and 14 km from Vila Nova de Milfontes, set in a peaceful rural environment with complete privacy and open countryside views. This exceptional property offers a unique opportunity for agricultural investment, tourism development or the creation of a private residence in one of Portugal's most sought-after regions.The estate comprises three adjoining rural plots and one urban plot with a total area of 282 m², featuring a single-storey house in need of renovation. The existing dwelling includes a kitchen, two bedrooms, two living rooms, two bathrooms and a pantry, providing an excellent foundation for a permanent residence, country home or hospitality project.A key highlight of the property is the approved Prior Information Request (PIP), which allows for:- Construction of a permanent residence up to 500 m²;- Development of Rural Tourism projects, including Country Houses or Agritourism units, with a maximum construction area of 4,000 m²;- Construction of a Rural Hotel with a total building area of up to 6,000 m².The estate includes approximately 22 hectares of irrigated land under contract with the local irrigation association, complemented by extensive dryland areas. The cork oak forest, which covers most of the property, generates approximately 2,400 arrobas of cork every 9-10 years, providing a valuable source of income. In recent years, the land has been used for sweet potato cultivation supplying major retail chains.Water resources are particularly abundant, including an irrigation canal supplied by the Campilhas Dam, a small stream crossing the property, three boreholes, two wells and two ponds. The estate also benefits from electricity and a private transformer station, currently inactive but with potential for reactivation.Access is excellent, with a paved road leading directly to the entrance and well-maintained internal dirt roads throughout the property. Cercal do Alentejo, offering a full range of services, shops, cafés and restaurants, is just a 10-minute drive away.A rare investment opportunity combining scale, water availability, cork production, agricultural potential and approved development rights in one of the most desirable areas of the Alentejo Coast. Energy Rating: E ref:SOL_52326
Advertiser reference : 112888237Le Figaro Properties reference : 95990483

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House Vale de Água (Portugal)

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