• Transaction / Assets
    plot of land in Oeiras
  • Seller
    Oerais Town Council
  • Buyer
    na
  • € MM
    14

Oeiras Sells Plot of Land for €14 Million

19 June 2020 The Oeiras Town Council has sold a 21,000-m2 plot of land in the Esparagal neighbourhood of Oeiras for 14 million euros at an auction held this week. The amount was 40% above the base price of 10 million euros.

The plot of land is located in the joint parishes of Oeiras and São Julião da Barra, Paço de Arcos e Caxias. The municipality postponed the initial two auctions due to the Covid-19 pandemic and lockdown.

Original Story: Economia Online – Mariana Espírito Santo

Translation/Summary: Richard D. Turner