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Real State & Hotelier Business Opportunity

There are more than ten new approved projects of 18 hole golf courses within a radius of about 50km of this property (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 farm is operating and officially certified as an guest house with 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. It has a generous salty water swimming pool and guest facilities include, two large living and games-rooms, one breakfast-room, barbeque, esplanada, porch and more than 1600m2 of garden.

The hotel is implanted in more than 70ha (173 acres) of agricultural and forest terrain in the Sierra. Part of this area is bound to be urbanized. About 11,000m2 fall into the urban extension of the adjacent village. According to local regulations and to a plan that is in the process to soon be approved by the Township, one can use this terrain to build a condominium of 17 villas, representing a gross business of more than 5,0 Million Euro. The area to be urbanized within 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 the 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 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!

Please leave me an email for prices and selling conditions.