Homestead in Monforte with tourism development project

Property summary

Homestead in Monforte with a tourist development project encompassing 1 hotel, 40 villas and an equestrian center
Property with 76.8 ha (768,000 sqm) located in the municipality of Monforte, halfway between the cities of Évora and Portalegre, about 25 km from the city of Badajoz in Spain.
According to the Municipal Master Plan approved the construction area can reach 153,600 sqm, being provided in the approved Pip about 50,000sqm of construction divided as follows:

- Hotel - 3,874 sqm x 2 floors = 7,748 sqm
- 40 villas - 700 sqm each x 40 = 28,000 sqm
- Equestrian center - 'Team village' - 20 apartments - 4,243 sqm
- 'Boxes' and other support buildings - 10,000 sqm

The existing project foresees the implementation of a horse breeding and training complex.
It also provides an unprecedented falconry center, for breeding and training falcons.

The person concerned may, however, develop other types of activities.

The property has direct access to Ip2 to Monforte or Estremoz and from there the A6 to Lisbon, Évora, or Badajoz.

Easy access to Lisbon, Beja, Ponte de Sor and Badajoz airports.
Energy Rating: Exempt
ref:LANE 3428 PS