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€850,000
This property was selected and recommended by Porameta for its valuable investors. Discover this charming restored farmhouse estate in the heart of Montemor-o-Novo, in Portugal's beautiful Alentejo region. Set within an expansive rural landscape of almost 5 hectares, this property offers an exceptional combination of traditional Portuguese architecture, historical character, and agricultural potential. It presents an attractive opportunity for buyers seeking a peaceful countryside residence, a private rural retreat, or a property with possibilities for agricultural and tourism-related development. At the heart of the estate is an authentic Alentejo farmhouse with 210 m² of built area, featuring 10 rooms and three bathrooms. Originally registered in the land registry in 1937, the residence has been fully restored while preserving its original architectural features and historical charm. Its traditional character provides a distinctive connection to the region's rural heritage, while the restoration makes it suitable for comfortable contemporary living. The property also benefits from a 141 m² agricultural outbuilding, offering valuable additional space for storage, agricultural operations, equipment, or other rural activities. Depending on the applicable planning permissions, this structure may also present opportunities for adaptation or conversion to support future uses. One of the property's most notable features is its water infrastructure, which includes a traditional waterwheel and a private well with abundant spring water available throughout the year. These elements enhance the estate's rural character and provide an important resource for potential agricultural activities, subject to water-use regulations. With its substantial land area, restored historic farmhouse, additional agricultural building, and natural water resources, this estate represents an attractive opportunity for anyone looking to enjoy the tranquility of the Alentejo countryside while investing in a property with long-term residential and rural development potential. This property was listed by Rui Ramos as the original product provider. For interested parties, please contact Rui Ramos directly with the details below: Phone: +351 938 652 885 Email: rgramos@remax.pt
Estimate the yield on this property. Every figure can be changed.
Estimated from the typical gross yield in Évora (5.8–8%). The seller has not stated a rent; enter the actual figure if you know it.
IMI, insurance, upkeep, management and empty months.
Net yield
5.5%
Based on the typical yield in Évora, not a figure from the seller.
Estimates only, before financing, notary fees and income tax. Confirm the figures with the agent and your adviser.
Curated by the agent
Listed by
Porameta Concierge Team
Brokered by Original Provider Agent, Recommended by Porameta
Porameta
AMI 26966
Listing Details
Facts & Features
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