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For Sale property id: 60094639
USD 3,051,198 Mortgage Calculator
EUR 2,700,000
, Sines, Portugal
  • 210 m²


3 km from the village of Odemira, which is the county seat, the property "Espargal Velho" is located in the natural park of the "Southwest Alentejo Coast Vicentina" and "Rede Natura 2000". The Mira River surrounds 2/3 of the property, which is located on the left bank, provides quick and direct access to all essential sites and services. Unspoiled beaches such as Brejo Largo, Cavaleiro, Tonel and Piedade or more cosmopolitan beaches such as Almograve, Zambujeira or Alteirinhos, are only 10/15 km away, and the sea port of Vila Nova Mil Fontes is reached in 30/45 minutes on a boat trip along the Mira River. Every year, mainly between June and September, this coastal area has an intense demand for rental of exclusive and high quality accommodation, providing high profitability. Every nine years, cork extractions also contribute significant revenues. At 20 kms inland, the huge dam of "Santa Clara-a-Velha", with its extensive irrigation network, provides the floodplains of the property an abundance of water that makes the growth of bio crops, exceptionally productive, allowing rental opportunities for agricultural campaigns for successive years. The Espargal Velho, enjoying all the characteristics of territorial exclusivity, climatic (2,500h/Sun/Year) and enormous biodiversity, contained in the Mira River Valley, is also licensed for housing construction with the architecture project CMO 274/2020.

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