Investing in this 11-bedroom guesthouse in Arraiolos is a lucrative opportunity, with a current asking price of €1.6 million. This operational establishment has been attracting tourists since its opening in 2010, contributing to its increasing popularity within the historic Alentejo region. Located close to the famous castle and renowned for its embroidered carpets, this property not only offers luxurious accommodation but also serves as a gateway for guests to explore the cultural and culinary delights of the area. Featuring a substantial living area of 653m², the guesthouse provides well-appointed rooms, including en-suite options that ensure comfort and luxury during stays. The property is accompanied by a swimming pool and spacious settings for dining and relaxation, enhancing the overall guest experience. As an investment, this guesthouse offers strong rental potential, appealing to both domestic and international travellers. Its proximity to local restaurants and attractions adds to its desirability, making it a wise investment in the current market. The property also features sustainability elements, such as solar hot water and air conditioning throughout, appealing to environmentally conscious guests. The opportunity to acquire a well-maintained guesthouse in a charming historic town makes this investment particularly enticing. By taking the next steps towards ownership, potential buyers can step into a thriving business model. Contact us today for further details and to arrange a viewing of this remarkable investment opportunity.
• Business in Operation
• Living area 653m². Construction area 647m²
• Plot 573m²
• 11 Bedrooms, 14 Bathrooms
• Pre 51, Renovated in 2010
• Castle views
• Swimming Pool
The property originally was a centennial family home, surrounded by high walls and accessed from the street with parking directly in front of the entrance. A stone courtyard greets the guests where you can also find the swimming pool serviced by two shower rooms and there is also a room separate from the main house currently used for yoga and beauty treatments.
The ground floor consists of an entrance hall and reception, a spacious and beautifully decorated living room with large wood burning fireplace. There is an ample breakfast room with a basic kitchen which caters for continental breakfasts. A guest WC is also located on this level and finally an en-suite room which is accessible by wheelchair.
The first floor consists of 8 light and bright en-suite bedrooms.
The second floor has a laundry room plus a full two bedroom apartment, one room with its own en-suite bathroom. The apartment has two living rooms, a kitchen and a large private terrace.
This guest house opened its doors in December of 2010 and since then has grown in popularity year by year attracting guests from all over the world, 60% of them coming from outside of Portugal. Located in the historic village of Arraiolos which is famous for their renowned carpet making which is thought to be the oldest handicraft in Portugal where embroiderers have passed down their knowledge and skills through generations. The area in general produces award winning wines where you can appreciate them by following the wine route. Perfectly located within walking distance to many restaurants and only 500m from the beautiful castle of Arraiolos.
Amenities
• Disabled access
• Safes in every room
• Solar hot water
• Air conditioning throughout
• Fireplace
• 2 changing rooms
Location
Distance to sea 82km
Nearest beach100km
Nearest golf NA
Distance from airport 120km
Nearest school 1km
Nearest town 1km