122ha Irrigated Olive Grove with Secured Water Source

About this Listing

This property was selected and recommended by Porameta for its valuable investors. An excellent opportunity to acquire a substantial traditional olive grove estate extending across approximately 122.5 hectares in the municipality of Elvas, Portalegre, in Portugal's Alentejo region. The estate is dedicated to irrigated olive cultivation and is described as being well maintained, with good access and an established agricultural operation. The olive grove comprises three varieties: Picual, Cobrançosa and Arbequina, offering a combination of productive characteristics and suitability for olive oil production. The property reportedly achieves a combined harvest production of approximately 800,000 to 1,000,000 kilograms per campaign, according to the supplied listing information. This production figure should be reviewed against the estate's agricultural records and recent harvest data during due diligence. A particularly valuable feature is its water infrastructure. The olive grove benefits from an irrigation system supplied by a large on-site reservoir, which is regularly replenished by a natural spring. This private water source supports the estate's irrigated agricultural activity and is an important asset for prospective agricultural investors. In addition to the cultivated land, the estate includes a residential house with two bedrooms, a living room, kitchen and bathroom, as well as two separate storage spaces for agricultural implements and equipment. The property also presents a potential development opportunity, with the possibility of converting the traditional olive grove into a super-intensive olive cultivation system, subject to technical, water-resource, environmental and planning assessments. The owner may also choose whether to pursue applicable agricultural subsidies, subject to eligibility and the relevant programme requirements. Located in the Elvas area, the estate benefits from access roads and a rural setting, making it an interesting opportunity for agricultural investors, olive producers and operators seeking to expand their presence in Portugal's olive oil sector. This property was listed by Imorural as the original product provider. For interested parties, please contact Imorural directly with the details below: Phone: 933409758 Email: imorural.info@gmail.com