27 Hectares with Multiple Dwellings
Sao Teotonio, Odemira, 7630, Alentejo, Portugal
Multiple Dwellings covering 311 sqm
Option to expand or sub-divide
Vale Dos Alhos (Garlic Valley)
Nestled between low rolling mountains, this majestic setting is one of tranquillity, natural beauty and wonder. Often there are no sounds other than the birds, wind or babbling brook. The valley neighbours take great pride in their properties and are an invaluable resource in this small hamlet ecosystem. People genuinely care for each other here whether it's a horse to loan or barter of some sorts involving labour, equipment, knowledge or produce. All in all it's a great place to be all year, not just in the spectacular summer months.
Offering tremendous possibilities in a pristine environment, this 27 hectare estate with 5 dwellings, outbuildings, and extensive plantings is available as a unique opportunity for several types of ownership.
Well suited for a family who wants to have a vacation home that pays for itself and will increase in value, a young couple wanting to establish a home and business, or a hands-off investor that wants a safe investment or nest egg.
The property is currently managed by an established caretaker providing general maintenance, management and security.
The property sleeps around 20 persons with steady clients, making it the perfect setting for an official bed and breakfast establishment. Other possibilities could include horse riding trails, Eco-tourism, and/ or farming.
The property has many cash crops that are well established including: 5 hectares of pine nuts, medronio, cork, olives, fruits and firewood. Equipped with a plentiful well, mountain spring water and all the modern conveniences, living is made easy in a rustic environment. Space for animals, parking, Eco-tourism expansion and even a place to land your plane or helicopter!
For the last several years it's been used for short term tourist rentals primarily in the summer months. The property is not without its need for care, and is why the owner has the incentive to provide a substantial amount of financing to the right buyer (terms are flexible and can be creative).
Asking price €398,000