Two more concession contracts signed under the Revive program

"The signing of these contracts, which will make it possible to recover the Convento do Carmo and the Barracks of Carmo, is a remarkable moment," said Secretary of State for Tourism, Ana Mendes Godinho, in a statement .


He added: "Thanks to the Revive program, it has been possible to transform properties that are closed and unused into assets that will be important factors of wealth generation and job creation", reinforcing, in these two examples, the attractiveness of Moura and from the garden.


With a concession period of 50 years, the total investment for the recovery of the Carmo Convent in Moura is estimated at between 5 and 6 million euros, applied to the construction of a 5-star hotel with 50 rooms. 


In the case of Horta's Carmo Barracks, an investment of 8 million euros is planned to build a 5-star hotel with 80 to 90 rooms. 


Nine properties in the Revive program have been awarded to date , representing a total investment of 68 million euros.


There are currently open competitions for the granting of the Lorvão Monastery in Penacova, the Ínsua Fort in Caminha and the San Salvador de Travanca Monastery in Amarante.


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