Highlands Rewilding have said they hope to close the deal by March.

A Scottish rewilding charity is set to purchase a 3,400-acre estate after raising £10million in funding. 

The Tayvallich estate was on sale for offers over £10.465m, with charity Highlands Rewilding - founded by the former Greenpeace director Jeremy Leggett - announcing that it has raised the required cash.

The property at Lochgilphead in Argyll encompasses 13 homes and buildings, three different Special Areas of Conservation (SAC) and five Sites of Special Scientific Interest (SSSI). The estate also includes the entirety of the 811-acre tidal island of Danna

According to The National, an email was sent to Friends of Highlands Rewilding on Wednesday morning confirming the news. 

They said: “We have the funds available with which to acquire Tayvallich, and are intent on closure by the end of March. 

“At Highlands Rewilding, the team is looking forward to many aspects of the work we will be able to do on Tayvallich. The rich tapestry of habitats onshore and offshore will provide fertile ground for our data acquisition and processing, and natural-capital verification science.

“The many activities we will be able to pursue with the local community will give us the chance to create an exemplar of community-company synergy. The directors are actively considering how to enshrine public integrity principles with ethical private interests in the board’s charter.

​​“We invite investors of all kinds to join us, during this extended campaign. We are not setting an upper limit on the funds we seek, because the more we raise the more we can scale nature recovery and community prosperity.”

The charity has previously purchased one site in Aberdeenshire and another near Loch Ness.