Land prices in Portugal (away from the coast and from bigger cities) are pretty cheap for western European standards. It's getting noticed though - a quick YouT

Land prices in Portugal (away from the coast and from bigger cities) are pretty cheap for western European standards. It's getting noticed though - a quick YouTube search will show you plenty of examples of expats jumping on the opportunity. IMO making a profit would be the hard part - the internal market is small and in general produce prices are low.