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Commercial Land for Sale in Lisbon, Portugal

For Sale: 170-hectare land close to Tejo River and close to proposed future airport.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels + 1 more
Locations  Lisbon
Local Time 11:48 AM Europe / Lisbon
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 11.6 million (Native Currency: EUR 10,000,000)
Reason: The owners of the land want to sell the property to invest in another business.
Includes physical assets worth USD 11.6 million
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Business Overview
- 170-hectare commercial land located in Lisbon.
- Land is next to the Tejo river and very close to the future proposed Lisbon airport.
- The future owners will have to sell the salt lands (64 ha) to the airport company. The price is about EUR 4 millions. So, the real price will be about EUR 6 millions for about 100 ha of land.
- The land has the approval to construct a hotel resort on 10,000 m2 land with 2 floors and also to reconstruct the abandoned palace located on the property.
- Property is registered on a company name.
- Buyer would get the company name and land.
Products & Services Overview
170-hectare commercial land located in Lisbon with permission to construct a resort hotel.
Facilities Overview
Owned 170-hectare commercial land with permission to construct a resort hotel on 10,000 m2 land with 2 floors. Total built-up area of the project will be 20,000 m2 along with the reconstruction of the abandoned palace (about 3,500 m2).
Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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