€12 Million Luxury Estate with Vineyard Hits the Market Near Lisbon
A sprawling luxury estate located in Águas de Moura, in the municipality of Palmela, has been listed for sale at €12 million, signaling a significant opportunity in the high-end Portuguese property market. The announcement of the sale highlights the estate's vast potential, which extends beyond a private residence to include large-scale event hosting, rural tourism, and a fully operational winemaking enterprise, making it a noteworthy asset for potential investors.
The investment thesis for the property is anchored in its unique combination of luxury residential features and extensive agricultural production capabilities. The main residence, an imposing three-story mansion with a distinctive pink facade, comprises 1,380 square meters of living space, including 12 bedrooms and 14 bathrooms. A key feature is a separate event building with an indoor pool and a retractable roof, designed to accommodate over 200 guests, pointing to a clear revenue-generating potential from weddings and corporate functions. For those analyzing investment properties, this dual-purpose infrastructure is a critical value driver.
The target property type is a luxury agricultural estate, with a geographic focus on the Setúbal peninsula, an area increasingly sought after for its proximity to Lisbon and its authentic rural charm. The property's strategic location, less than an hour from the capital via the A2 motorway, offers a compelling balance of seclusion and accessibility. This positions it favorably for international buyers, including those seeking luxury properties that provide both a lifestyle return and a financial one.
Projected returns on this investment could be multifaceted, deriving from luxury rentals, event hosting, and agricultural sales. The estate includes 45 hectares of mature vineyards producing five grape varieties (Castelão, Moscatel, Cabernet Sauvignon, Syrah, and Chardonnay), a fully equipped modern winery, 3,000 almond trees, 400 apple trees, and over 10,000 stone pines. The existing infrastructure allows for immediate continuation and expansion of these commercial activities. The investment timeline would be long-term, focusing on brand building for the wine and establishing the estate as a premier event destination.
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Risk factors include the inherent volatility of agricultural markets and the high operational costs associated with maintaining a property of this scale. However, these risks are mitigated by the diversified income streams the estate offers. The property is listed as being in 'good condition,' reducing the immediate capital expenditure required for renovations. Market conditions currently favor tangible assets like real estate, particularly those with income-generating potential, as a hedge against inflation. For a deeper dive into the local market, our Lisbon Neighborhoods Guide provides valuable context on the surrounding region.
Comparable investments in the region are scarce, given the unique scale and combination of features this property offers. Performance benchmarks could be drawn from luxury boutique hotels in the Alentejo and Douro Valley, as well as established wineries in the Setúbal region. Professional investment advisory would be crucial to conduct thorough due diligence on zoning regulations, agricultural licenses, and potential for expansion. Financing options for a €12 million acquisition would likely involve private banking and specialized lenders familiar with agricultural and hospitality assets.
Exit strategies could include selling the property as a developed, branded hospitality and wine business to a larger corporation or investment fund, or partitioning parts of the land if zoning allows. The regulatory and tax implications for foreign investors are significant, and expert advice from professionals such as those found on our English-speaking accountants page would be essential to structure the purchase efficiently. The listing, held by Century 21 Cidade, represents a rare chance to acquire a landmark asset with substantial upside potential in one of Portugal's most dynamic regions.
Explore investment strategies and opportunities at realestate-lisbon.com.