PORTUGAL - 18 ACRES OF LAND IDEAL FOR A HOLIDAY PARK, HOTEL OR SPORTS ACADEMY

This land is situated in the charming village of Lourosa in the municipality of Oliveira do Hospital. It lies a short distance from the Serra Estrela National Park, which gives around 300 days of sunshine a year. The village, with its cobbled streets, is centred around its 9th Century church.

Lourosa is a mere 10 minutes away from a major town of Oliveira Do Hospital, which houses all major facilities including supermarkets, banks, cafe, bars, and restaurants. There are a number of activities including lake canoeing and water sports, hiking trails, and even skiing in the winter.

The nearest airport Porto, situated 1.5 hrs away and Lisbon 2.5 hrs away, with budget airline companies providing regular flights from the UK.

The land measures in the region of 18 acres, being a combination of grass, shrub and trees. A brick built property is situated to the southern end of the plot.

FREEHOLD €2,700,000

For tax efficiency reasons, the land is for sale by way of share transfer of a Portuguese limited company.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

The land has historically benefitted from planning permission (now lapsed), for the creation of a purpose-built leisure complex with a 20 bed hotel, plus a further 70 two bedroom bungalows.

It is our understanding that the local municipality and mayor are pro-tourism, and are keen to support a new scheme on the site, whether similar to the historic planning, or a much larger project such as a large hotel or sports academy.