Property with 6.9ha (69,000m2) of land, located on the hillside of the medieval village of Monsaraz and bordering the waters of the large lake of the Alqueva Dam.At the highest point of the property, with stunning views over the large Alqueva Lake, there are two ruins of old houses made of schist stone, duly documented, with 157m2 and 108m2, allowing the construction of two houses.Comprised of two slopes and a valley, the land is crossed by a stream with running water during the months of greatest rainfall, next to the stream there is an old water tank made of stone.Century-old cork oaks, holm oaks and olive trees are scattered throughout the land, further enhancing its landscape.The entire property is walled with schist slab walls, although some parts of the walls need to be restored.Next to this ancient Alentejo hill, there are still the remains of ancient paths that were used for centuries as access from the medieval town of Monsaraz to other villages and the Guadiana River.As this property borders directly on the Alqueva Lake, you can enjoy this great added value in terms of leisure.The entrance to the property is accessed via a 300-metre dirt track in good condition.10 minutes from Barracoal (the region's main 5* hotel) and 20 minutes from Esporão, a Michelin-starred restaurant.Monsaraz is one of Portugal's last undiscovered gems, located on the fault lines between the Alentejo and the Spanish border.This area is known for its unspoilt historic towns, from Monsaraz to Alandroal, Terena, Vila Viçosa, Estermoz and Évora, Portugal's first UNESCO World Heritage city.The landscapes are epic and home to world-class vineyards.Distances:Évora - 50km (40 min);Lisbon - 170km (2h);Faro - 230km (2h30);Vila Viçosa - 40km (40min);Elvas - 67km (1h)RICARDO GRACIO.