TwentyTwo Real Estate, an independent European firm specialising in real estate investment and management, has announced an agreement to acquire Terhills Resort in Belgium from LRM. The significant transaction, which sees a prominent holiday destination change hands, is anticipated to reach its completion on 29 May 2026. This acquisition underscores continued investor interest in the European leisure and tourism sector, even amidst evolving economic landscapes.
Terhills Resort, a premium holiday park, spans an extensive 63 hectares and is currently operated by the well-known leisure brand Center Parcs. The resort is distinguished by its unique offering of 250 waterfront cottages, providing guests with direct access to the water. Complementing these accommodations are a range of central leisure facilities designed to enhance the holiday experience for visitors.
The resort's location in Belgium makes it an accessible destination for many European travellers, including those from the UK. Belgium is a popular short-break destination for Britons, known for its historical cities, culinary delights, and family-friendly attractions. The continued operation by Center Parcs suggests that the resort's established appeal and operational standards are likely to be maintained, offering consistency for future guests.
For UK travellers considering a trip to Belgium, no visa is currently required for stays up to 90 days within a 180-day period, as Belgium is part of the Schengen Area. Travellers should ensure their passport is valid for at least three months beyond their intended departure date from the Schengen Area. The Foreign, Commonwealth & Development Office (FCDO) currently advises that most visits to Belgium are trouble-free, though standard precautions against petty crime should be taken, particularly in tourist areas.
When planning a holiday to Terhills Resort, or any destination in Belgium, travellers should budget for potential costs. A typical return ferry crossing with a car from Dover to Calais can range from £60 to £150, depending on the season and booking time. Alternatively, Eurostar train services from London St Pancras to Brussels start from around £78 return. Accommodation costs at Terhills Resort would vary significantly based on cottage size, season, and duration of stay, but similar premium holiday parks in the region might see prices from £500 for a short break during off-peak times to over £1,500 for a week in peak season. Comprehensive travel insurance is highly recommended to cover unforeseen circumstances such as cancellations, medical emergencies, or lost luggage.
This acquisition by TwentyTwo Real Estate highlights the long-term investment potential seen in high-quality, established leisure properties across Europe. It reflects a strategic move to capitalise on the enduring demand for premium holiday experiences, especially those operated by reputable brands like Center Parcs.
Source: City A.M.