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Online Platform Announces Properties with Potential for Tourism Outside Lisbon
17 July 2018
The new platform will list investment opportunities in the country. Currently, there are 17 properties available.
The demand for investment opportunities in Portugal is continuing to grow at a rapid clip. While Lisbon is awash in investor looking big deals, Turismo de Portugal also wants to attract investors to other regions of the country. So, this Tuesday, the company launched a digital platform with information on buildings with the potential for use in tourism that are vacant or inactive.
There are plenty of properties available. In total, the new website – http://invest.turismodeportugal.pt/ – brings together 17 buildings that require rehabilitation: former primary schools, hospitals, a casino and even a palace.
The announcements include some properties in the Revive program, a joint program of the Ministries of Economy, Culture and Finance that is intended to recuperate inactive assets for use in tourism, such as the Coudelaria de Alter do Chão.
The aim is to “facilitate contacts between owners of properties that are suitable for tourism and potential investors, Portuguese or foreign,” to further the recovery of Portugal’s real estate heritage, Turismo de Portugal explained in a statement.
“It will be a great instrument to promote the expansion of tourism throughout the country and to boost the country’s cohesion,” Tourism Secretary Ana Mendes Godinho stated, adding that these opportunities often do not reach investors “for lack of information.”
The platform also includes data on Portugal’s tourism sector, with statistical data and information on financial instruments, also available in English.
Original Story: Dinheiro Vivo – Rita Rebelo
Translation: Richard Turner