Description

The majority of the property is made up of pine forests and cork oak forests. This cork is considered to be one of the best in the region, well preserved and with a very low mortality rate. The income from the cork oak forest corresponds to an extraction volume of around 30,000 to 40,000 arrobas in 7 extractions over 10 years, with the next extractions scheduled for 2024, 26, 28, 29, 31, 32 and 33. There is also a 46-hectare floodplain for irrigated crops. It has duly registered dwellings that can be extended by up to 500 square metres for this purpose, as well as agricultural support. There are a number of water reservoirs on the estate, with the following capacities: Old dam with 25,000 m3; pond near the start of the climb to the hill with 48,000 m3; pond between the viaduct and the Ribeira de Mascarenhas with 18,000 m3; pond near the floodplain before the viaduct with 22,000 m3, totalling 113,000 m3 (figures based on estimates of volumes when they are full and taking into account average dimensions and depths). The Grândola stream (a tributary of the River Sado) and the Mascarenhas stream (a tributary of the Grândola stream) pass through the estate. In 2021, a 6-month forestry operation was carried out in the pine forest, a major clean-up and pruning of trees. The property is a ZCT (Tourist Hunting Area) granted to the current owners, and pigeons, turtle doves, thrushes and wild boar are hunted on this property. It has the advantage of belonging to the East Grândola Forestry Intervention Zone (ZIF) and is exempt from paying the 5% IMT (Transaction Tax) and the 0.8% IS (Stamp Duty), both on the value of the transaction. Subsequently, the buyer is also exempt from IMI. The property has excellent access via the A2 and A26 motorways, as well as the National 259 motorway. The beaches of Melides and Carvalhal are just 35 minutes away and Lisbon is just 1h10m from this fantastic property. We look forward to hearing from you if you have any questions, or if you would like to arrange a viewing.