Country Estate 6 Bedrooms for buy in Fronteira

The ’Herdade da Paneia e do Olival’, with an area of 38 hectares, is located in the district of Portalegre, near Monforte, in the Alentejo region. The property, with a flat and slightly undulating morphology, consists of a dwelling house (typical Alentejo farmhouse), prepared for 2 families to inhabit separately, on the left side with a good level of habitability.

The Land comprises 32 hectares of intensive olive groves with irrigation, with the varieties of (arbequina, cobrançosa, and galega), which could reach a total olive production of over 200,000 kgs, with compasses of 7X3; 7X6 and 10/10, fed by a dam with a reservoir for 70,000 m3, by a Pond / Pool with water all year round, located at another point of the property, which could feed the said Dam, with a small hydraulic work, if justified.
In the center of the estate, there is a hill with a recently built house with 211.4 m2. The house comprises, as mentioned above, two separate wings. Thus, on the left side (2 bedrooms + 1 mezzanine, living room, 2 bathrooms, and kitchen) in a habitable state. On the right side of the house, finishing touches are missing and the works need to be completed, comprising: 1 huge living room, huge kitchen, 2 bathrooms divided into two distinct areas. It has electricity, and the floors are ceramic tiles.

There is also a recently built large agricultural pavilion used for storing machinery, equipment, agricultural materials, etc. There is another smaller warehouse that serves as a workshop. In the event of a sale, the owner is available to sell the machinery, equipment, and agricultural implements.

It is 180 km from Lisbon, 300 km from Porto, and 72 km from Spain (Badajoz). Access is via asphalt road to the property.

This is an excellent business opportunity, especially in an area with high olive productivity, given the numerous olive groves that populate this entire region. (Ref. FG792)