Estate With 380 Hectares Near Castelo Branco

The Herdade das Ganadarias, with an area of almost 400 hectares, is located near the city of Castelo Branco, in the Beira Interior region, about 15 minutes from the district capital. The property is part of a company that operates it, and this company will be included in the transaction, which will greatly benefit the parties involved from a tax perspective. It is a livestock estate, primarily dedicated to the breeding and raising of cattle and sheep. It has excellent access. The reason for the sale is the advanced age of the owners and the lack of interested successors.

The property is morphologically flat and slightly undulating. It is divided by a municipal road, with the side containing the buildings and stables covering 280 hectares and the other part approximately 120 hectares. It is fully fenced and partitioned.

It has electricity (with its own transformer station), water from an artesian borehole, wells and five ponds one per park the largest of which has the capacity to support around 70 to 80 hectares of irrigated land. There is also a large area of floodplain, ideal for crops requiring irrigation.

The property also features clusters of cork oak and holm oak woodland, with regular cork production. In a single harvest, an average of 9,000 arrobas of high-quality cork is yielded, with the next harvest scheduled for 2035, which, based on historical records, could generate around €220,000.00 every nine years.

The RPB rights, valued at €31,200.00 per year, will be transferred as part of the sale. Should the buyer be interested in keeping around 200 cows on the estate, this would amount to €120.00 per cow, totalling €24,000.00 per year. In addition to the calves produced, based on 200 calves (×) €1,200 = €220,000.00 per year. This is in addition to other subsidies and grants, which have yet to be accounted for, as well as the expenses inherent to running the farm.

In terms of infrastructure, the estate has a main house, five houses for employees, a winery, a dairy, and an oven. There are agricultural warehouses for animals, storage of animal feed and agricultural machinery, a workshop, and other outbuildings. All buildings are made of schist and masonry. The houses will naturally need some conservation work, minor restorations, and comfort improvements.

Additionally, the estate has electricity with its own transformer station, natural springs, and a water line that makes it possible to increase the irrigated area of the estate. Given its proximity to Castelo Branco, about 15 minutes from the A23, and the good accessibility it enjoys, it could always be destined for a large-scale agro-tourism unit, based on the vast existing urban construction area. (Ref. FG1103)
Energy Rating: E
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