Lisbon, Vila Franca de Xira, Portugal

Quinta do Palyart is a historic estate of around 21 hectares on the hillside above Vila Franca de Xira, looking out over the town, the Tagus and the Lezíria plains. Lisbon is around 30 minutes away by the A1 motorway. The property is held under a single title, combining rural and urban land, and is offered for sale as a whole.

The manor house and historic core:
The manor house, on the tax register since 1937, stands on three floors with a footprint of 457 m² and 1,371 m² of gross floor area. It is vacant and requires full restoration. Alongside it is a group of agricultural outbuildings, with around 1,070 m² recorded on the tax register. Quinta do Palyart is listed in the municipal plan as a building of cultural value, which adds to its heritage interest and frames its restoration. The core is reached directly from a paved public road.

Planning:
The historic core, of around 2.5 hectares, is zoned in the municipal master plan (PDM) as a Historic Quinta Core. Permitted uses include housing, manor-house and rural tourism, hotels, tourist villages and integrated resorts, restaurants, healthcare, social and cultural facilities, and equestrian activities. Existing buildings may be extended by up to 25% of their lawful floor area, and hotels may rise to three storeys. Quinta do Palyart is one of only four quintas in the municipality where the plan allows new construction for a tourist village or integrated resort, at a plot ratio of 0.10 over the area of the core. The core lies outside the National Ecological Reserve, under an exclusion granted expressly for tourism use, and sits within its own planning unit, U20, whose stated aim is to restore the historic buildings as part of a tourism development.

The land:
Around 18.5 hectares of terraced rural land, with lines of former crops, scattered trees and open views of the river. There is no working farm in place, leaving the buyer free to decide its use: vines, olives or orchard, riding, walking routes and open space supporting a tourism or healthcare scheme.

Ideal for Rural tourism and hotel developers and operators, healthcare, longevity and rehabilitation operators, and long-term investors seeking a heritage asset within the Lisbon Metropolitan Area.

The property is sold as it stands. The full information pack, including the land registry certificate, tax records, extracts from the municipal plan and the ecological reserve position, is available on signature of a confidentiality agreement. Viewings by appointment. - REF: CB02-0437