Land for Sale in Ourique

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€860,000 EUR

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Ref 2182019 | Ourique, Beja | Land

Currency services provided by PureFX 860,000 EUR  |  Approx.£740,546 GBP  |  Approx. US$920,372 USD
  • Type: Land
  • Location: Ourique
  • Province: Beja
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0

This privately owned exquisitely beautiful, secluded and tranquil peninsula village of just over seven hectares is found close to the little historic town of Ourique and Panóias, the oldest village in the Alentejo region. It is set on the artificial "Monte da Rocha" lake, mostly surrounded by water except on the entrance side. Abandoned for over half a century, this old picturesque village is now quietly nestled between aged olive tree groves and stone ruins of bygone days evoking humble grandiosity from the natural landscape. Many years ago, the unpolluted air would carry the wonderful smell of the baking wheat coming from the two large traditional bread ovens, which were fired most days providing sustenance for the people who lived off the land here. Every year olive trees were harvested and the old stone press wheels would grind the produce to make the healthy olive oil used for cooking, lighting and basic medicinal treatment. The blacksmith would rhythmically strike the glowing red steel of the farming implements and musically shape the working mule's shoes. On a daily basis the cool Atlantic winds would surf the enormous open blue sky, reassuring the stable microclimate with abundant wildlife. When the silent dawn turned to day, laughter would fill the air as little boys played with their home made toys, wind vanes and steel wheels, whilst little girls hopped and sang their innocent nursery rhymes and their older sisters dared elusive smiles at some of the older farm boys. Geographically the peninsula is strategically located in the lower Alentejo, equidistant from the Algarve and the west coast, 100km from Faro International Airport and 60km from Beja International Airport. The little town of Ourique offers local shops, cafés, bars, restaurants, hypermarkets, chemists, banks, a library, a theatre, a cinema and so forth. Close by, across the lake, a Faldo Design project has just been approved. Featuring an 18-hole championship golf course, a 9-hole executive course and a 9-hole par 3 course, the project offers three diverse golfing experiences with varying degrees of difficulty, but all with the same strategic test that has become a trademark of the golfer’s acclaimed designs. The 500-hectare Faldo development will include state of the art practice facilities and a five star spa hotel, part of a 450 million Euro investment. This combined with the investment already carried out at Beja International Airport, strongly values the area. At the moment there is outlined planning permission to build 12 habitation units ranging from a studio apartment to a variety of units up to 3 and 4 bedrooms. The intended function is a condominium made up of these autonomous fractions. The surrounding space would serve as a communal area. All this is possible whilst still preserving the historical and cultural characteristics of the Alentejo. The existing ruins on this land grant it local character while still allowing flexibility during the recuperation project. This idyllic peninsula is perfect for a naturalist village (official permission has been granted for this purpose by the local authority), a rural spa hotel, a luxury retirement home, a high-quality medium-size "Pousada" type hotel or an exclusive private residence. The enhanced scope potential of the existing footprint of the lakeside village has been confirmed with the necessary ministry approval, so the 2,434m2 footprint allows a projected construction area of 3,600m2. The Tourism of Portugal Ministry has given outlined approval for a five star 80-bed hotel, encompassing a restaurant and various other supporting leisure infrastructures. Ideal for canoeing and sailing, the lake is actually an all year round fisherman’s paradise with endless piscine species, including an abundance of very large fresh water bass and a prolific crayfish population. The unique aspect of this property is that it holds the only permissible construction permit in its visible proximity and is further protected by the shear location in an ecological nature reserve. Contrary to other ubiquitous developments, this village's footprint is peppered in such a way as to naturally create a landscaped courtyard with traditional arrangements, affording glimpses of the lake from every direction. In today's world where there is an exclusivity premium for peaceful time and natural tranquillity, this peninsula transcends time and expectations in line with the style of an exclusive environment that privileged people would normally seek to enjoy. It is undoubtedly a special opportunity to acquire such a property in a truly unique location. - REF: PLP19

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