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85

Farm for sale in Alter do Chão, Portugal

€ 3,500,000
3,720 m² 38 32

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Description

Great investment and business opportunity with the possibility of a 3 years payback.

Rural hotel overlooking a lake and the Alentejo plains, completely isolated and immersed in nature. Currently with 76 beds and admissibility for the construction of another 124 beds, already with a modern architectural project.

Surrounded by a farm with a 56.94ha lake with cows and horses near Vila do Crato in Portalegre, 200km from Lisbon and 180km from Coimbra. The existing infrastructure includes the main building and bedrooms, swimming pool, gym, hunting lodge / restaurant / bar, office, 2 riding stables and an ultralight aircraft runway.

- Main building:
2 Single Rooms, 9 Twin Bedrooms, 14 Triple Bedrooms, 7 Suites - Total of 76 Pax
Total construction area - 3217.00 m2
- Swimming Pool: 10m x 22m
- Hunting Hall/ Restaurant / Bar: Construction area - 236.00 m2
- Office: Construction area - 267.00 m2
- 2 Equestrian Arenas: Total area - 1200.00 m2
- Ultralight Aircraft Runway: INAC - Approval 016/2009 - 612m track
- Football/futsal/tennis field
- Areas for the reception of animals (dogs, birds), Skeet shooting
- Non-polluting Water Sports

The City Council of Alter do Chao issued a favorable opinion, in accordance with the PDM framework, for the construction of new apartments with a maximum capacity of 200 beds. Following this, there is already an architectural project for the construction of another 42 apartments, resulting in an additional area of 4,335.00 m2 and for another 124 guests, in a total of 200.

In addition to the construction area already mentioned above, the construction capacity that is allowed in the PDM for this plot corresponds to an addition of 16,000.00 m2 for other purposes than hotels/residential. We highlight as an example a wine cellar or olive oil mill, a stage for festivals or any other purpose.

Through portuguese investment incentive programs, such as the 'Linha da Qualificacao da Oferta' or the 'Inovacao Produtiva' program, we are facing a great investment opportunity that could have a return on investment in about 3 years depending on the business model applied.

When the hotel was open, it contemplated accommodation, catering and various recreational activities from canoeing, SUP, balloon rides, horseback riding, quad biking.

The electricity, water and sewage infrastructures are all functional. In terms of heating it has VRV systems and independent units in all rooms. The suites, have a fireplace besides the AC.

All valid and up-to-date documentation (CPUs, CPR, CPP, License of tourist resort and energy certificates).
Energy Rating: C

Details

Rooms
32
Bedrooms
32
Bathrooms
38
External size
500,000 m²
Size
3,720 m²
Energy Rating
C
Reference
EXP_60

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Marvão - Distrito de Portalegre

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Marvão - Distrito de Portalegre