€295,000

Land for sale Odemira
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Overview

SUMMARY: Discover an opportunity with this Odemira land for sale and available for €295,000. This could be your next ideal home or a smart investment. More details await.

6.5-hectare plot in Relíquias, Odemira - Ready for Agritourism and Self-Sustainability Price: 295,000 Euros Location: Parish of Relíquias, Municipality of Odemira (Alentejo Interior) Total Area: 65,000 m² (6.5 Hectares) Highlights and Existing Infrastructure

Excellent rural property in the peaceful parish of Relíquias, ideal for those seeking a sustainable lifestyle or a secure investment in agritourism and nature tourism. The property stands out because it already has the necessary infrastructure in place, saving the buyer both time and money. Existing Structures: Includes 4 wooden outbuildings (agricultural outbuildings); the property already has a detailed budget for the process of legalizing and converting these structures for residential or tourism purposes. On-Site Water Supply: Complete self-sufficiency with an artesian well and a fully operational pumped well, ensuring an abundant water supply for consumption, irrigation, and project support. Clean and Self-Sustaining Energy: Equipped with a system of 10 solar panels with storage batteries, while maintaining a connection to the public power grid (the perfect balance between savings and security). Natural Wealth: The property features a rich natural setting with an active cork oak forest (cyclical cork yield) and cleared areas of arable land, perfect for constructing the units without interfering with the protected trees. Construction Potential and PDM Framework Located in an environmental enhancement zone (EVPA 3) outside the REN network within the municipality (Agro-Silvo-Pastoral Areas II). It allows for high theoretical buildable area potential (up to ~2,600 m²) exclusively designated for Rural Tourism. The development is expected to secure municipal approval through architecture that is seamlessly integrated into the landscape. Return on Investment Analysis (Highlight for Investors) This is a highly efficient real estate asset, where the existing autonomous water and energy infrastructure drastically minimizes fixed operating costs (OPEX). With the renovation budget already set for the four pavilions and strong international demand for eco-tourism in this region, the project projects an estimated annual net ROI of between 8% and 12% after operations begin. The break-even point for the renovation investment is estimated to be reached within 5 to 7 years, further benefiting from the ongoing appreciation in property value of a plot with building rights in a protected area and from the complementary cyclical revenue generated by cork from the cork oak forest. Come create your own eco-retreat or the next premier nature-based lodging destination in the Alentejo! Contact us to request a legalization quote, obtain property registration details, or schedule a visit. Energy Rating: Exempt #ref:SÒL 7 - SÒL 7 - Castro & Silva

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Details

  • Beds: 0
  • Baths: 0
  • Price: €295,000
  • Reference No.: 183053766

Location

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  • Castro & Silva
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