Lisbon, Colares, Portugal

Wonderful opportunity to acquire a unique estate nestling in over 5 acres of glorious land with gardens, pools and 1 hectare of vineyard, enjoying far reaching countryside views from its location in Colares.

This superb estate combines residential use, income generation and future value appreciation potential.

The main house is the central element of the property, offering 209 m2 of private gross area and 190 m2 of terraces, with a functional and well-balanced layout.

On the ground floor, there is a spacious living room with integrated dining area measuring over 68 m2, an office, kitchen, storage room, guest bathroom and well-distributed circulation areas.

The first floor features a suite of over 26 m2, with access to a terrace overlooking the entire property, two bedrooms of 16 m2 and 18 m2, a supporting bathroom and additional circulation areas.

Outside, the house benefits from a private swimming pool and an entrance area with parking space. In addition, the estate includes five independent apartments (three two bedroom units and two one bedroom units) as well as two suites, all with independent access.

Maintenance and renovation works have been carried out over the years, enabling an active short-term rental operation, currently comprising seven units in operation.

There is also additional upside potential, through three further one-bedroom units already renovated externally, which can be completed internally to increase income capacity.

The property also offers a comprehensive set of support facilities, including a large multi-purpose room, wine cellar, games room with two bathrooms, a shared swimming pool for the apartments, a gym area, laundry room and technical areas.

Located in Colares, a historic village set within the protected landscape of the Sintra Natural Park, the estate enjoys a unique natural setting, with the Atlantic Ocean as its backdrop, close to Cabo da Roca.

It is 2 minutes from the village centre, 4 minutes from Praia Grande, 10 minutes from access to the A5 motorway, and approximately 40 minutes from Lisbon.

This property represents a strategic opportunity for a buyer seeking a scalable asset with flexible use and clear value creation potential, either through optimisation of the tourism operation or through repositioning into a smaller-scale, higher-value residential or hospitality concept.

REFERENCE: 256166