Palheta: A €110 Million Luxury Tourism Opportunity

A new €110 million luxury tourism project is set to transform Herdade da Palheta, located between Évora and Redondo. The initiative, backed by Global Real Estate Fund and managed by Arbra Partners Ltd., will create a high-end resort in the region.

Scheduled to open in 2028, the complex will feature a 5-star hotel with 60 rooms, 35 exclusive villas, and 20 country houses. This ambitious project, targeting the luxury market, aims to position the area as a premier tourist destination.

The choice of Herdade da Palheta is strategic. The region’s rich history and natural beauty provide the perfect backdrop for such a development. Moreover, the investment is expected to revitalize the local economy and create new jobs.

For more details visit Portugal News

https://www.theportugalnews.com/news/2024-04-15/110-million-new-tourist-development/87911