Description
One of the most emblematic property of the city of Portalegre. View of 360º over the city and hills of Sao Mamede. Consisting of 4 urban buildings structurally in good condition and the Castle of Torrejao. All the buildings have excellent views. Located near Portalegre and where it is possible to reach the city on foot in 2 minutes.
The property is between the countryside and the city facing west and the Penha hill with a fantastic sunset.
Great opportunity for a touristic investment, develop a horizontal property for the habitation market or even several other services. The castle tower is the icing on the cake and is one of the most beautiful views to the city of Portalegre. A restaurant, a bar with an extraordinary view could be developed from there.
Each of the buildings has a good potential to expand and three of them could be raised one more floor.
The exterior area has 1,365 ha, consisting of several cork oaks with good cork, olive trees and an area of eucalyptus.
The areas of eah building are:
Building 1 - 114 m2
Building 2 - 69 m2
Building 3 - 159,60 m2
Building 4 - 120,15 m2
Building 5 - Castle - 260m2
It has electrical connection, mains water next to the property, borehole and septic tanks for each building.
It is just 5 minutes from the Hospital of Portalegre, several restaurants, supermarkets and other services. A very good and fast access to the highway to Estremoz. Only 2.5 hours from Lisbon and 40 minutes to Badajoz.
Energy Rating: Exempt