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Meco | Outstandig 84ha Seaside Estate

REF
adp05
Asset Type
Investment
Property type
Land/Development
Status
Active
Asking Price
9.000.000€
Area
84 ha
Location
Meco

Outstanding estate with 84 hectares located 500m from the beach.

30 min drive from Lisbon.

 

The exact Location will be provided after the signature of an NDA.

 
Property Features

Rural Land

Total Land Area: 846,750 m2

The asset is described in the Land Registry Office of Sesimbra (nº 1797, pages 133, Book B-5) and registered in the parish’s Rural Building Matrix (article 29 – section K).

It is governed by the Urbanization Plan of Lagoa de Albufeira – PULA (2nd series of the Diário da República nº 157, of 16 August 2013) and the PDM of Sesimbra.

Consists of 17 rural plots (forest, irrigated land, vineyards, fruit trees, olive groves) that sum up:

  • 113,750 m2 of agricultural area
  • 733,000 m2 of forest area
Property Features 2

Lagoa de Albufeira Urbanization Plan (PULA) 

In the zone characterized by "Touristic Space” (12.3 hectares), it is allowed:

  • 1 Hotel resort, rating 4-5 stars, with 200 rooms, in buildings with a maximum of two floors, swimming pools, tennis courts, and more infrastructure, occupying a minimum of 4ha of land area  
  • 1 car parking with 270 spaces allocated to the Hotel Unit

In the zone characterized by “Agricultural and Forestry Space”, it is allowed:

  • 1 car parking with 270 outdoor spaces
  • other possibilities to be judged for the remaining portion of “...predominantly that of agricultural and forestry activities for the conservation of nature and biodiversity”.

 

Location and Accesses

Predominantly forested area, near the sea (500mts) and the Albufeira lagoon, at the southern end of the Lagoa de Albufeira Urbanization Plan.

Located in Alfarim, parish of Castelo, municipality of Sesimbra, on Costa Azul Tourism Region. (geographical coordinates: 38.29´12.29´´N and 9.10´00.56´´W).

It is served by the EN 377 that skirts and connects to Lisbon by the EN 378 and A2.

 Distances:

  • 500 meters from the Beach
  • 10 km to Sesimbra
  • 15 km from Quinta do Perú Golf Course
  • 30 km from Setúbal
  • 40 km from Lisbon
Enjoy your quality investment
 
Information

We offer the most clean and direct information about the opportunities on display.

 
Market

Lisboa, Porto, Algarve and high potencial value growth regions, preferably off-market and low exposed deals.

 
Ethics and Quality

Behaving ethically is at the core of our professional services.

Frequently asked questions

We are a Real Estate Investment Consultancy firm, that provides a range of services to investors and work along side with them during their venture in Portugal. We also provide brokerage services to sellers.

All companies operating in the real estate industry in Portugal providing real estate investment/transaction services and advisory are regulated and licensed by IMPIC - Instituto dos Mercados Públicos do Imobiliário e da Construção. Our license to provide brokerage services is AMI-18990.

Get in touch for more information

We are mainly a Real Estate Consultancy firm, where we select, transact and manage investment opportunities in the real estate market.

Within the scope of the Investors Club, in some specific pool-funded projects we also participate as an Equity partner.

Get in touch for more information

We have a professional team with experience and local knowledge that covers all the steps needed to carry out an investment in Portugal, namely:

  • Research & Selection of suitable assets;
  • Negotiation process support;
  • Due Diligence coordination;
  • Transaction management (liaison with lawyers, tenants, brokers, architects, financial and public institutions);
  • Project Management;
  • Exit strategy.

Get in touch for more information

We cover all the strategies that match our client risk profile:

CORE
Target IRR: 4-6%;
Return composition: focus on income;
Trophy assets, long lease terms and triple-A tenants in prime locations.

CORE +
Target IRR: 10-14%;
Return composition: focus on income + appreciation;
Assets with upside potential: repositioning, moderate rehabilitation.

VALUE-ADD
Target IRR: 10-14%;
Return composition: focus on income + appreciation;
Assets with upside potential: repositioning, moderate reabilitation.

OPPORTUNISTIC
Target IRR: >15%;
Return composition: focus on appreciation;
Distressed assets, full rehabilitation or greenfield developments.

Get in touch for more information

The Club is a digital hub where we provide tailor-made services to investors that need local representation (buy-side support). Members of the Investors Club have also access to investment-pool opportunities under BlackOAK management. To become a member you will need to register through the form available on this website.

Get in touch for more information

Investors need to be part of the Investors Club. Our team prepares an Investment Memorandum (IM) for each project and, under a Non-Disclosure Agreement (NDA), presents it to the Investors Club Members, inviting them to take an equity share in the asset through a Special Purpose Vehicle (SPV).

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No, but we can support the investor throughout the financing process with local banks.

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