The Portuguese Government has launched a programme that opens vacant public property to private investment
through public tendering, aiming the renovation and use of state heritage properties throughout the country, namely through conversion into hotels.
This project is called ‘REVIVE’ and it includes public properties, that can be seen in http://revive.turismodeportugal.pt/en
The model is based in concessions that can last between 30 and 50 years, depending on the building.
At the moment, the public tenders are running:
For more information, please see http://revive.turismodeportugal.pt/en + info in the attach.
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No âmbito do Programa REVIVE, uma iniciativa conjunta dos ministérios da Economia, Cultura e Finanças, com a colaboração das autarquias locais e a coordenação do Turismo de Portugal, encontram-se abertos concursos públicos internacionais com vista à recuperação de vários imóveis de reconhecido interesse, através do modelo de concessão por 50 anos.