The form of a club in Portugal can become a residential project. The secondary building, owned by the previous Gremio da Lavoerra Agrarian Cooperative, was sold for €5.8 million to foreign investment

The cost of the building index is more than 6000 square meters in the city center, next to the river. The sale of real estate can lead to a new investment project of buildings in the city.

Pedro Pimenta, chairman of the Agrarian Cooperative, also said that during the sale of the building, several proposals were put forward, but they were lower than expected values. This could be due to the lack of interest in the project due to the lack of rolling stock and the suspension of the strategic plan for the development of the city's coast.

After the sale of the building, the Agrarian Cooperative does not intend to miss the opportunity. Pedro Pimenta hopes that with the money from the property sale, he can create a new cooperative that will continue to provide services to its customers.

In addition, this project will also allow the Cooperative to reduce its financial obligations in terms of banking services. It also invests in new projects such as its own drying and grain storage.

#Portugal #Property