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Address:
Sao Martinho das Amoreiras
Type: Lots and Land
Style:
Bedrooms: n/a "Income"
Bathrooms: n/a "Investment"
Size: 221 sq. m.
Lot Type: Rectangular
Lot Size:
193hectares
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Investment and Income Property for Sale in Alentejo Portugal
This property is situated in the Alentejo region of Portugal in the District of Beja and is approximately 20 kilometers from the cosmopolitan city of Odemira and only a 20 minutes drive from the stunning Sta. Clara Reservoir which is a haven for many varieties of birds and an excellent spot for fishing and water sports.
The closest village is São Martinho das Amoreiras which is about 2 kms away and the property is less than a 2 hours drive from Lisbon and only a 45 minutes drive to the beautiful Alentejo coast; Portugal’s favourite tourist location the Algarve is also only one hour away by car. The property covers a total area of a little more than 193 hectares.
Fifty hectares have Eucalyptus trees which yield around 150,000€ in net revenue every 9 years.
The rest of the property has an abundance of cork trees providing around 30,000€ in net revenue every 2 years.
The property also boasts an old house in ruins (area is 221 square meters) which sits atop the hillside with amazing view to the surrounding countryside, which can be restored as a private home or could be converted for rural tourism.
Electricity is available on the main public road on one side of the property with water obtainable by drilling your own borehole or well.
This terrific investment and income producing property must be viewed to be fully appreciated and is available for sale at only 772,500€.
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The information we receive is provided to us by our client's in good faith. All details are therefore deemed to be correct but are not guaranteed. http://www.livingportugalproperty.com