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How can I invest in a successful guesthouse business in Évora?

Guesthouse in Terena

ref. PDBED009
991.908£
  • C
  • 8
  • 8
  • 487m2
  • 59.250m2
  • Farm
  • Alojamento Local

Investing in a successful guesthouse business near Évora is made easy with this turnkey property currently on the market for €1,150,000. This guesthouse not only offers owners' accommodation but also a well-established business model ready for immediate operation. Located close to popular tourist destinations like Monsaraz and Évora, this property covers approximately 6 hectares of land and features ample guestroom facilities, making it an ideal investment for those looking to capitalize on the thriving tourism industry. The estate includes a private residence equipped with a lounge, kitchen, and dining area alongside guest facilities that include 10 accommodation rooms and luxurious amenities such as a large swimming pool. Additionally, the estate benefits from its own borehole, irrigation canal, and electrical connections, enhancing its appeal as a sustainable business venture. Being situated in a tranquil area, yet only 29km from tourism hotspots, this property promises significant rental potential and ROI for discerning investors. Buyers will appreciate the natural beauty of the surrounding landscape and the peaceful lifestyle this guesthouse provides. If you're looking to make a smart investment in the Algarve region's tourist economy, this guesthouse is worth considering. Don’t hesitate—contact us to learn more about financing options and kickstart your journey into the hospitality industry!

Usage
Residential
Type
Guesthouse
Town
Terena
Parish
Terena (S. Pedro)
Municipality
Alandroal, Évora
Region
Alentejo (Central)
Renovation Year
2015
Rooms
10
Bedrooms
8
Bathrooms
8
Floors
2
Furnished
Fully
Living Area
487 m²
Usable area
595 m²
Plot Area
59.250 m²
Country Road
Parking outdoors
Fully Fitted
Fully Furnished
Borehole, Mains electric, Mains water
Swimming Pool
Lawn, Trees
Panoramic View
The property is located on an approx. 6 ha land near the lake and enjoys panoramic views. It is not far to the road that connects Estremoz to Reguengoz de Monsaraz and has got views to the castle of the town Terrena.

There is a business and a private part. The private residential part is on the ground floor in the corner of the L of the building and consists of a lounge with fireplace, a kitchen and dining with fireplace, one bedroom and one small bathroom. The guest rooms are on two floors with a lounge as well.

The plot is kept naturally but offers a plantation of walnut trees, a large salt-water swimming pool with terraces around and lawn fields as well as a playground for children. The plantation continues on the other side of the property and has a very big agricultural building right at the very bottom.

The property is connected to the electricity and water networks of the city and has in addition a borehole, an irrigation canal and a water waltz.

Very well located in a touristic area, but quiet on it s own huge plot.

Location

17km to River Beach
29km to Monsaraz
59km to Evora
203km to Lisbon
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