€1,800,000

Lagoa Algarve

Overview

SUMMARY: Discover an opportunity with this Lagoa flat for sale and available for €1,800,000. This could be your next ideal home or a smart investment. More details await.

Two semi-detached properties dedicated to intensive olive groves and agritourism, with about 1,750 olive trees

planted between 2006 and 2008, and a drip irrigation system. Located at Quinta de Santa Teresa with 27820m2 and Quinta de São João with 27880 m2, both have complete infrastructure for agriculture, including a cabin tractor, harvesting and cleaning machines, and warehouses. The expected production is 2,640 liters of olive oil and 16.5 tons of table
olives in full production. There are also 100 fruit trees, such as pomegranate trees, which produce about a ton of pomegranates. The properties include two villas with swimming pools, barbecue grills, and leisure areas. The house at Quinta de Santa Teresa has 3 bedrooms and a kitchenette, while the one at Quinta de São João has 3 bedrooms, 2 floors and a garage. Both are licensed for Local Accommodation and have electric gates with video intercom. The water comes from a borehole, but there has been a connection to the municipal network since 2022. The project to build a mill would be an asset, fitting into the region's agritourism, where there are several wineries. The monthly maintenance of the farms costs around 1,000. Quinta de Santa Teresa stands out for its ample parking, party venue and an ideal stage for musical events. It is located in a quiet area 5 minutes from the village of Porches and 10 minutes from the beaches of Armação de Pêra.

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Details

  • Beds: 6
  • Baths: 3
  • Price: €1,800,000
  • Internal Reference No.: 312
  • Area: 206 m2
  • Year Built: 1986

Amenities

  • Home
    • Garage
    • Garden
    • Central location
    • Furnished
    • Swimming pool

Location

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