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How much does it cost to invest in a successful guesthouse in historic Arraiolos?

Villa in Arraiolos

ref. AT1492
10.092.380DKK 9.718.588DKK
  • B
  • 11
  • 14
  • 653m2
  • 573m2
  • Alojamento Local

Investing in this successful 11-bedroom guesthouse in historic Arraiolos will cost you €1.6 million, a price that reflects its excellent operational performance and prime location. This property, originally a family home, has been transformed into a thriving guesthouse since its renovation in 2010. With 14 bathrooms, a swimming pool, and amenities such as air conditioning and solar hot water, this guesthouse provides both comfort and sustainability for its guests. Featuring a stylish reception area and an ample breakfast room, it offers a complete hospitality experience. The guesthouse also hosts a yoga room, presenting an attractive option for wellness retreats. Surrounded by beautiful views of Arraiolos Castle and the charming town, this location enhances the guest experience. The property has been steadily growing in popularity, with 60% of guests coming from abroad, showcasing its appeal as a tourist destination. For potential buyers focusing on investments, the property promises a solid rental yield due to its favorable location and amenities. Close proximity to restaurants and local attractions further enriches the guest experience, inviting repeat business and positive reviews. Comprehensive information on financial performance and business prospects is available. Don't miss out on this ideal investment opportunity; contact us to arrange a viewing!

Usage
Commercial
Type
Villa
Town
Arraiolos
Parish
Arraiolos
Municipality
Arraiolos, Évora
Region
Alentejo (Central)
Construction Year
1951
Renovation Year
2010
Rooms
17
Bedrooms
11
Bathrooms
14
Floors
3
Furnished
Fully
Living Area
653 m²
Usable area
647 m²
Plot Area
573 m²
Tarmac
Parking outdoors
Fully Furnished
Garden Terrace, Juliet Balconies
Fully Fitted
Laundry, Storage, Breakfast Room, Dance/Yoga Studio, Reception
Fitted Wardrobe
En-Suite, WC, Family Bathroom
Cable/Satellite TV, Internet/Phone, Alarm System, Safe, Solar (Water)
Double glazing
Communal, Shower
Private, Communal gardens
Town View, Castle View, Countryside View
• 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 beach 100km
Nearest golf NA
Distance from airport 120km
Nearest school 1km
Nearest town 1km

Other Info

Operational Business.
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