This sprawling historical estate features an enormous palace on over 300 acres of landscaped gardens, Mediterranean forest and waterfalls. A plan has been approved for converting the palace into a hotel, constructing an additional hotel with separate areas for private residences, restaurants and shops. When completed, the total key count would be over 200.

The property, which dates to the 18th century, is less than 10 miles from Lisbon. The existing palace is known for its elegant Baroque architecture, with its ornate facade featuring stone carvings and intricate details. The interior of the palace is equally impressive, with grand halls, lavish rooms, and a beautiful grand staircase.

Loures has a rich history dating back to the Roman era, and it played an important role in Portugal’s history during the medieval period. The town is home to several historical landmarks, including the 12th-century Castle of Loures, which was originally built by the Moors.

The town is surrounded by rolling hills and forests, and is located near the Tagus River, which offers scenic views and outdoor recreation opportunities. Loures is also home to a vibrant cultural scene, with several museums, art galleries, and theaters.

The exact location and improvements plans are available upon receipt of an NDA per the owner’s request.