Country Estate for buy in Coruche

Price: 7,500,000 € net, IMT exempt
Annual net return: 4,75%

Located just 1 h 20 from Lisbon by motorway, this magnificent estate extends over 718 hectares, composed mainly of cork oaks (95%), offering a natural setting of great beauty and a rare development potential.
Key features:
Area: 718 contiguous hectares, with a regular shape
Easy access by motorway from Lisbon
Fully fenced property (with 1.20 m net)
Riverbank along 3.5 km
No public access, absolute privacy and tranquillity

Economic potential and possible projects:
Expected production of 70,000 arrobas of cork in the 2023 and 2029 harvests
Temporary lease of the territory for the rearing of 500 Spanish black pigs
Possibility of creating 30 ha of rice fields.
Viable agrotourism project: possibility of building a large reception house overlooking a 15 ha reservoir, and associated accommodation, ideal for hosting events such as weddings.
Potential for the construction of several additional dams
Hunting rights / Zone classified as ’Tourist hunting’ (wild boars, fallow deer, ducks, pigeons, etc.)
Natural and aesthetic attributes:
Spectacular scenery and panoramic views from the highest points
Preserved nature, without any trace of civilisation (no electric poles, roads or houses)
Access by a 2 km dirt track
Calm and secluded environment

Important information
The property is part of a ZIF (Forest Interest Zone), thus being exempt from IMT and IMI
There are currently no buildings constructed, but the construction potential is significant.