For Sale 2,450,000.00€ - Quinta / Herdade, Villa, Vineyard
Farm with Olive Grove, Cork Oaks, Cattle, a Manor House, Cottage & Warehouses near Vidigueira, Alentejo
An extensive farm of 406 hectares for sale including an olive grove of 60 hectares and 15.000 cork trees. The estate supports 150 to 200 cattle and also conditions for sheep breeding and black pigs. There is a large Manor House [400 m2], a cottage [100 m2], several warehouses [1.000 m2] and a new metal warehouse [1.000 m2].
The land is fenced and gently sloping with reasonable soil and has many water points including 5 small lakes and a large barragem [reservoir].
• Mainly Galician olives yielding an average of 150.000 kg per year
• Income of about € 60,000 to € 80,000 per year
• 15.000 cork oaks [5.000 producing in 2015 & 10.000 in 2020]
• Income of about € 350,000 during the 9 year cycle [based on the average of recent years]
• Good density of adult, large & new cork trees which ensures continuity & maintenance of resources.
There are subsidies and incentive programs.
Note: Further details are available on request.