Council buys historic house for €1

in News · 14-02-2020 01:00:00 · 0 Comments
Council buys historic house for €1

The Castelo de Vide council, in Alto Alentejo, plans to invest €150,000 in the recovery of a house with historical and architectural value, abandoned in the Jewish quarter, which it will acquire for the symbolic value of €1.

The property, in need of “urgent” intervention, is located in front of the medieval synagogue in the village of Castelo de Vide, in the district of Portalegre.
“It is a house with a very interesting architectural value, with an important location in the historic centre and maintains the functional spatial distribution of its origin, which makes it very unique,” said mayor António Pita.

The house, which belongs to the Solbrasa Company owned by businessman Fernando Barata, will be acquired for the symbolic value of €1, with the deed of sale scheduled for 6 March.
According to António Pita, the company, when selling the property for the value of €1, “set an example” so that, in the future, other cases of symbolic sales may arise, in the sense that the municipality can recover “little by little” houses in a state of total neglect.



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