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Property Description
JLL has been retained by the vendor to conduct the sale process of Cegonhas Wellness Resort, a unique development property located in one of Portugal's most beautiful settings, the Alentejo. It comprises a 30-ha site with approved environmental licensing for a 528-bed touristic development.
The site has an excellent location in Alcácer do Sal just 1 hour away from Lisbon and 30 minutes away from the famous Comporta beaches.
Investment Highlights
- Greenfield development property located in Alcácer do Sal
- 30-ha site that has an approved Master Plan that allows the construction of a touristic resort with a maximum Gross Construction Area (GCA) of c. 22,000 sq m and 528 touristic beds
- The Master Plan already has environmental licensing in place
- The proposed development scheme comprises a total of 91 units (ranging from standalone studios to 5-bedroom villas)
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