Estate of 85,000m² in Vila Verde de Ficalho, Alentejo, with an approved project for a 4-Star Rural Hotel. Includes a built area of 1060m², a traditional olive grove with 670 century-old olive trees, and the possibility of expanding by 1300m². Excellent for residential tourism, senior living, events, and commercial space. Located 3.5km from the town center, close to Spain. Take advantage of this unique investment opportunity in the historic Border Post Village in Serpa. This 85,000m² (8.5 hectares) estate, located in Vila Verde de Ficalho in Alentejo, stands out for its proximity to the Spanish border. Formerly a border post, the property now offers vast development potential. With a built area of 1060m², the estate allows for an expansion of 1300m² more, according to the approved project for a 4-Star Rural Hotel. This project includes 30 rooms, including two suites, a reception, restaurant, bar, pool, event hall for 150 people, spa with indoor pool, service area, and olive mill. The property is also complemented by a traditional olive grove with 670 century-old olive trees, producing 10 tons of olives annually, ensuring profitability. The estate is 3.5km from the town center of Vila Verde de Ficalho, which offers various shops and services. Nearby are Spain (1km from the gas station) and Rosal de La Frontera (2km), and 30km from Serpa. This property is ideal for investments in residential tourism, senior living, events, or commercial space. Schedule your visit now through our website! (Visit the videos section to learn how!) For more information, do not hesitate to contact us. ’YOUR HOME IN ALGARVE’ #ref:TUR_2524_VEND
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