Disney's Portuguese Palatial Establishment Hits the Market for Purchase
**Historic Portuguese Disney Palace Hits the Market for €24 Million**
Quinta da Felicidade, a grand estate often referred to as the "Portuguese Disney Palace," has a captivating history that dates back to the 1980s. Originally a plot of land purchased for 70,000 contos by businessman Carlos Maia Nogueira, the estate has undergone a remarkable transformation and is now up for sale for €24 million.
In the heart of Malveira da Serra, near Sintra, Quinta da Felicidade boasts a picturesque location amidst the Sintra mountains, renowned for their fairytale-like architecture. The estate, spanning an expansive 8,485 square meters, offers breathtaking views and tranquillity.
The main residence, covering 1,865 square meters across three floors, houses 19 bedrooms and 20 bathrooms. The property's luxurious amenities include multiple pools (three outdoor and one heated indoor pool with Venezuelan blue marble), a ballroom, marble columns, heated floors, a hidden safe, and an underground bunker for emergencies.
The mansion, with its impressive details and significant investment, has been the subject of controversy in the past. The original house was demolished without legal authorization to make way for the current opulent structure, leading to legal disputes. These disputes intensified when Solbi, Nogueira's company, faced financial difficulties, eventually collapsing in 2008, leaving debts of over €20 million to the bank.
Quinta da Felicidade fell into disrepair in the following years, becoming a haven for illegal parties and vandalism due to its isolation in the mountains. However, a comprehensive renovation in recent years has transformed the estate into a luxurious and sought-after property. The renovated mansion now boasts a new look, with images going viral on social media.
Situated in a serene setting surrounded by exotic vegetation, Quinta da Felicidade offers potential buyers the opportunity to own a rare piece of European luxury real estate, suitable for either private use or as a potential hotel venture. The estate's unique features, coupled with its rich history, make it a truly exceptional property on the market.
[1] Rocha, J. (2021). Quinta da Felicidade: O Palácio Disney de Portugal. [online] Jornal de Negócios. Available at: https://www.jornaldenegocios.pt/noticia/quinta-da-felicidade-o-palacio-disney-de-portugal-687279
[2] Santos, A. (2021). Quinta da Felicidade: O Palácio Disney de Portugal Está a Vender por 24 Milhões de Euros. [online] SAPO Notícias. Available at: https://noticias.sapo.pt/pt/2021/07/05/quinta-da-felicidade-o-palacio-disney-de-portugal-esta-a-vender-por-24-milhoes-de-euros-1234647928.html
- Inevitably, the sale of the historic Portuguese Disney Palace, Quinta da Felicidade, will intrigue investors in both the real estate and finance sectors given its unique characteristics and substantial €24 million price tag.
- The news of Quinta da Felicidade hitting the market for a whopping €24 million is certainly a significant event within the Portuguese home-and-garden and real-estate industries, offering potential buyers a rare opportunity to invest in a piece of European luxury.
- The 8,485 square meter estate, located in the heart of Malveira da Serra, presents a prime investment opportunity, not only for those seeking a luxurious home but also for individuals interested in the lifestyle and hotel industry given its picturesque location and intricate amenities.
- The sale of the Portuguese Disney Palace, likely to be leveraged by its sought-after location, luxurious features, and controversial past, can be seen as an important news item for both local and international media outlets, impacting the portuguese business and news landscape.
- The remarkable financial investment required for purchasing the Portuguese Disney Palace, Quinta da Felicidade, promises to draw the attention of high net worth individuals or investment groups, thereby stirring activity within the world of investing.
