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In Alentejo, in the municipality of Avis, at 1:40 hours from Lisbon, there is one of the most beautiful estates in the region with 286 ha. The main house of French style was carefully restored, being the total covered area of approximately 3.500m2. The high quality of the indoor riding arena measures 26m x 46m. Spectators have a glassed-in lounge where can relax with a drink while watching the horseback riding. For the horses there are three stables with 18 boxes of 3.5m x 3.5m. The 250 hectares cork tree forest is located in one of the country's best-planted regions. It has a production of about 35.000 arrobas of cork that is extracted over 9 years in 4 extractions and in this sector allows to obtain an average annual revenue of 150.000,00 euros. There are also 32ha of olive grove and fertile land in front of the house for any kind of culture. Currently the property is also explored in the tourist area (hotel and riding lessons). It is in an early stage of exploration, but already with a high occupation rate, which allows for an extra source of income. The potential to increase the yield is great with more solutions in the area of tourism, hunting and farming. The house can be sold furnished.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.