170 Hectares for Hotel, Golf, Marina Eco-Resort, Montijo River-Front, Lisbon

By Dev Anand | 7 July 2020

Location: Montijo, Southern bank of the River Tejo,

Name: To be named by new owner

Guide Price: €10m – land

No. of Keys: 145


The Opportunity: The site is currently a 420 acre farm. Of the 170 hectares the Manor House, dating back to early 1600s, and buildings account for 4.5%, agricultural land – 35%, cork forest 12%, salt-pans 49%.

The southern bank of Lisbon was the “food basket” for Lisbon and the farm was strategically placed with a natural harbour and plentiful fresh water. Salt was widely harvested in this part of the estuary. The current purpose: Corn is grown on the agricultural land and cork is harvested periodically from the cork forest. The salt pans are no longer functioning and the Manor House is uninhabited and in a bad state of repair.

The concept is to build a 5-star resort with 145 hotel keys, an 18 hole championship links golf course, 60 berth marina with a super-yacht capacity, Beach Club, Glass Events Pavilion, Manor gardens and 24 Eco Villas.

The property allows for the construction of 15,000 sqm…Projected Investment: €41m…planning: The masterplan has been positively reviewed by the local government and enjoys it’s full support. There are no other historic hotel, marina and golf estates in Portugal. There are only 3 Marinas in Portugal capable of hosting super-yachts. There are no “links” golf courses on the southern bank of Lisbon. There are no “Visitor” gardens with luxury hotel and marina along the Lisbon coastline. SV

Main Photo: The small village of Sarilhos Pequenos, where the development is planned

Tenure: Freehold

Flag and Management: Open…

Current Owner: Local company…

Agent: THPT is in partnership with local agent.

Guide Price: €10m for the land…Construction cost on top.

Date Posted: July 2020

THPT Comment: Quite a unique opportunity for a fab resort with golf, marina and eco-credentials.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email [email protected].

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.

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