Farm T5 in Ourique of 793,100 m²

PRICE DROP OF €3.390M - Is an 80 hectare property, all fenced and multifunctional.

A new regional P.D.M. (detailed plan) has been officially approved, which defines local feasibilities, limitations or prohibitions, with regard to construction and/or interventions on the land.

For official state clarification, a meeting was requested with Ourique Town Council to confirm the viability of this property.

Once the administrative formalities had been completed, the feasibility of building for rural tourism was confirmed, with a maximum of 200 beds, or around 16,000 m2 of construction area, or 20 per cent of the total surface of the property and a maximum of 2 floors. Authorisation has been granted for bungalows and a campsite.

The land is great for seeding, due to the predominance of its plainness and quality of the land.

It has plenty of water, with a spring, 3 boreholes and 2 ponds. It has a pavilion for agricultural support, warehouse, farming and stables for horses.

There are 2 available villas on this beautiful estate. The main one has a solar panel, 3 bedrooms, a lounge with a fitted kitchen, 2 bathrooms, a porch and a large space for a garage and party room, with a music booth and an industrial kitchen, smokehouse and pantry. There is a second villa next to the pool, divided into 2 parts with a bedroom, bathroom and kitchen each.

As a complement to all the housing structure, there is a garden, some fruit trees, a huge saltwater swimming pool with a waterfall and a bar and lounge. Next to it there is a BBQ area and underneath there are changing rooms.

It is situated 3 klms from Ourique, 1 klm from the IC1 national road to the Algarve, which is about 40 minutes away.

You can upload aerial video of the property.

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I look forward to your contact, for any questions or to schedule a visit.