MGP acquires a camping facility located in Odeceixe, Portugal

Real Assets | 08.05.2024

We are pleased to announce that today we have acquired a camping facility located in Odeceixe, Portugal, situated on the border between the Algarve and Alentejo regions, just 10 minutes from the beach. Covering 7 hectares, the site features 41 accommodations and 100 pitches.

This acquisition marks Meridia's entry into the Portuguese market and represents Meridia’s twelfth acquisition to establish a sustainable glamping platform with wecamp. The property boasts an excellent location and layout, positioning it to become one of the premier campgrounds along the Costa Vicentina. A comprehensive repositioning refurbishment is planned to enhance the site and introduce the wecamp brand.