Quinta da Retorta is a substantial 38-hectare (94 acre) estate nestled in open countryside, just 30km south of Portugal's landmark Douro River, commanding spectacular views far into the surrounding countryside.

The Quinta has approval for a significant tourism development, but also can be restored as a private estate.

The next owner can therefore create a truly magnificent, multi-functional tourism facility with up to 182 family homes and a four-star, 22-room hotel.

Quinta da Retorta’s setting is picture perfect, in an area full of wildlife, crossed by rivers and blessed with unparalleled mountain scenery.

Once a renowned wine, olive and fruit producing estate, the Quinta holds the cherished classification of 'ecological reserve', so a project approval on this scale is rare indeed, made possible by the attention the owner gave to local planning regulations and the thought given to the biodiversity of the local fauna and flora.

A phased construction plan can create cashflow early on in the project’s timeline.

• 4 star, 22-unit Resort Hotel

• Total lodging capacity: 204 units with up to 962 beds

• 4-star Holiday Village consisting of 182 single-family detached houses of various types (up to 5 bedrooms)

• Restoration of the old winery and olive oil mill

• Local agricultural produce for sale

• Outdoor and indoor swimming pool

• Tennis and sports’ court

• Open-air amphitheatre

• Two restaurants

• Shopping area

• Multipurpose building

• Two playgrounds

Nearby is the charming village of Penedono, 8km to the south, which boasts a late 14th century castle, whose origins go back far further, and a rectangular-shaped stone clock tower, thought to date from the 16th-18th centuries. Though small, Penedono has ample shopping, dining and leisure facilities to suit your daily needs.

It is rare indeed that such a well-planned and exciting development comes to the market, especially in an area of outstanding natural beauty and amenity.

If a buyer wishes to restore the estate as a private residence, there is no imperative to develop the touristic plan.

The land is rich in agricultural with rye, corn and potato traditionally the primary crops. The area is rich in chestnut trees, vineyards, olive and almond orchards in addition to cattle-raising and dairy production.

Penedono municipality, in the Viseu district, includes its own castle, towers, fountains, pillories, necropoles, museums, menhirs and many, many dolmens."