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4 star Tourist Resort - Estrela Verde with an approved project for 19 bungalows and 2 blocks of apartments with a total area of ± 54,549m² in central Portugal.

Listed by Admin .

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Reference: 0257
Price: €135,000
Council: Seia
District: Guarda
Post code: 6270
Building size in m²: 0
Land size in m²: 54,549
Status: Active

Full description:

This plot of land with approx. 54,549 m² is suitable and meets all the necessary conditions to implement an excellent tourism project, due to its natural beauty, tranquillity and its beautiful panoramic views over the Caramulo mountains. The property located on the outskirts of a village near Seia, close to the natural reserve of the mountain Serra da Estrela, making it an ideal place to live and develop this interesting project. The land is surrounded by an old granite stone wall and has 3 entrances. Land in terraces composed with a wide variety of fruit trees, oaks, eucalyptus, pines, chestnut and olive trees. There are also 2 water mines that provide the land with alot of water. Property also has a further 2 schist ruins to be renovated and a traditional circular stone dovecote also in schist to be renovated.

The property has an approved project for the following:

● 19 bungalows - 11 x 2 bedroom bungalows and 8 x 3 bedroom bungalows. Each bungalow has it’s own garage and plot of land (500 to 1,450 m2)
● Two blocks of apartments, one with 12 apartments and another with 8 apartments, all 1 bedroom apartments. Two shared barbecues.
● Main house for the owners with a reception area & service area (laundry, ironing, etc.)
● Two power houses
● Restaurant / bar (max capacity 50 seats)
● Shop & Mini Market
● Sanitary facilities.
● Biological swimming pool (± 650 m2) & showers
● Children's playground
● Sports field

A very interesting business opportunity or investment opportunity with many possibilities, such as renting out the apartments or the bungalows to generate some income or selling the bungalow plots individually. The prospective buyer does not have to use the project that has been submitted and approved, this is just an example of what can be done on this property. Why not come and visit the property and let your imagination take control!

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Listed by: Admin .

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