Real Estate offer in the Alentejo

L'AND Vineyards

The Alentejo is a vast province covering almost a third of the country with a low density population rounding half a million inhabitants. It is considered to be the future of the Portuguese property market and currently offers the lowest property prices in the country.

The Alqueva reservoir
The Alqueva reservoir Credit: Portuguese_eyes

The latest real estate development is the Alqueva dam on the Guadiana River located to the southeast of Évora, a UNESCO listed city. This ambitious project has created the largest European reservoir with more than 80 km long and 800 km stretch of shoreline. Plans are laid for the construction of big developments of hundreds of hectares with Golf courses, luxury hotels, casinos, spas and island resorts.

There is no doubt that these resorts will make this region one with the biggest tourism and investment potential. Average price of a 3-bedroom house around Alqueva is currently under €200.000 but properties are rising in value as tourism is developing.

Further south, on the west coast, stands another region of real estate interest. A number of resorts quieter and cheaper than the highly demanded Algarve have attracted a growing number of foreign buyers to the seaside towns and villages such as Porto Covo, Vila Nova de Milfontes or Zambujeira do Mar.

Vila Nova de Milfontes
Vila Nova de Milfontes Credit: Hugo Cadavez

The Évora / Alqueva area should take-off in a couple of years, putting it inevitably in competition with destinations such as Lisbon and the Algarve. It is not expected to be competitive in pricing but in terms of product differentiation, imagination and creativity of the developers.

Vila Nova de Milfontes retains its old traditional charm and is a popular destination for both foreign and Portuguese holiday makers. A one bedroom apartment can costs around €120.000 Euros and a five bedroom villa averages half a million Euros. Both apartments and villas rent well in the area.

Zambujeira do Mar is located south to Vila Nova de Milefontes, 10 km north to the Algarve region. Set on black basalt cliffs, it offers stunning scenery and breathtaking views over the ocean. It is a smaller resort with scarce property offering, making prices higher than expected. A 2-bedroom villa can cost up to €250.000.

  

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Condominiums

Casas de são Francisco

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Casas de são Francisco

Casas de São Francisco located in São Francisco da Serra near Santiago do Cacém is a development of 32 townhouses including a communal swimming pool.

The typology is from T2 to T4 bedroom houses. Purchaser will have the opportunity to choose the interior design.

Vila Nova de Santa Suzana

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Vila Nova de Santa Suzana

Vila Nova da Santa Suzana is a private condominium located near Acacer do Sal into the Natural Reserve of "Natura 2000".

It has 2 swimming pools, 2 tennis courts, a beach on the dam, water ski, riding club, hiking, off road rides.

T1 to T3 villas with living room including fire place, kitchen, bedrooms and bathroom with hydro massage tub are available.

Resorts

Évora Conventual Vineyard & Golf

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Évora Conventual Vineyard & Golf Resort

The Évora Conventual Vineyard & Golf Resort is a 300 hectares estate of rolling hills of vineyards and olives groves located between Évora and Redondo.

In terms of real estate, the resort offers: - Casas do Lago: 4 & 5 bedroom country houses with a building area of approximately 350 sq. m. (3,780 sq. ft.) and on plots of between 3.000 sq. m. (32,400 sq. ft) and 3.500 sq. m. (37,800 sq. ft.), all with views over the lake. - Casas da Aldeia: 3 to 5 bedroom townhouses with building areas between 150 sq. m. (1,620 sq. ft.) and 180 sq. m. (1,944 sq. ft.) on plot of between 300 sq. m. (3,240 sq. ft) and 500 sq. m. (5,400 sq. ft.).

26 hectares of vineyards and 20 hectares of olive groves are being restored and planted. Apart from the 18-hole golf course, facilities include wine cellar, Spa offering vinotherapy treatments, horse riding and hunting.

Herdade da Cegonha

Herdade da Cegonha - Located in cuba near Beja - 250 hectares resort - Touristic village - 4-star hotel - 18 hole golf course & yacht-club

Herdade do Pinheirinho

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Herdade do Pinheirinho

Herdade do Pinheirinho located in Melides is going to be built on a 3 km (1.9 mi) wide coastline next to the natural Park of Comporta/Galé which makes an interesting location for those looking for Golf and beach.

The Herdade Pinheirinho estate comprises 204 plots for individual villas of between 500 m2 and 1000 m2 (5400 sq yd - 10,800 sq yd), townhouses and apartments in a complex of 3 touristic villages.

The resort also provides green space, artificial lakes, 2 hotels, a shopping mall, and a 27-hole golf course. It will be built on 800 hectares (2,000 acres) of which 120 ha (300 acres) are for construction and 90 ha (225 acres) are for golf.

L'And Vineyards

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L'and Vineyards

L'and Vineyards is located 4 km from Montemor-o-Novo in Alentejo, 45 minute away from Lisbon.

It consists of 136 villa set on some plots over a hectare (2.5 acres) in a 66 hectares (166 acres) private estate. it unravels around a central vineyard valley that connects to the several residential units which emerge from the landscape in small clusters, recalling the traditional type of developments of the monte alentejano. The contemporary architecture designed by a group of five architects gives each clusters a unique and distinct personality. Tying in with the soil morphology and topography, the houses are shaped to fit their surroundings, blending into the rural environment and bringing together the Mediterranean cultural tradition.

Owners will be able to grow their own grapes on their property and make their own wine in the winery from the development.

The facilities are concentrated in the central cluster located on one of the highest points of the estate, next to the lake, comprising reception, restaurant, wine club, organic Spa, fitness centre, swimming pools and a modern winery facing Montemor-o-Novo. Together with the vineyards, the unit’s gardens have also private areas with orange orchards, almond trees, umbrella pines and olive groves, which enable the property owners to experience rural life with the benefits of a comfortable and contemporary environment.

L’AND vineyards stands out for environmental orientation, being the first development in Portugal to be certified pursuant to the BREEAM standard. BREEAM (BRE - Environmental Assessing Method) is a certification standard for sustainable building. It assess the environmental performance of buildings in respect of energy use, pollution, materials used, water consumption, ecology, land use and well-being.

Parque do Redondo

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Parque do Redondo

Parque do Redondo Lakeside Golf & Leisure Resort is situated on the shore of Lake Vigia near the town of Redondo, an hour's drive east from Lisbon Airport.

The resort consists of 220 properties – a mixture of villas and townhouses with private pools, overlooking the lake. Many properties at Parque do Redondo are initially purchased as investments and rented out providing accommodation for holidaymakers.

Parque do Redondo will boast a Donald Steele designed 18-hole golf course with a number of holes bordering the lake. Other facilities include tennis courts, sailing club, horse riding, theatre, chapel, adult & children's pools and a 4-star hotel.

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Évora Conventual Vineyard & Golf Resort
Real Estate offer in the Alentejo