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How much does it cost to own a turnkey guesthouse business in Portugal?

Guesthouse in Terena

ref. PDBED009
1.150.000€
  • C
  • 8
  • 8
  • 487m2
  • 59.250m2
  • Farm
  • Alojamento Local

Owning a turnkey guesthouse business in Portugal like this one will cost you €1,150,000. This guesthouse, located near the lake in Alandroal, offers a fantastic investment opportunity with both turnkey advantages and owners' accommodation included. The estate spans around 6 hectares and features a well-established guesthouse with 8 bedrooms, making it perfect for accommodating holiday-makers seeking a beautiful getaway in Alentejo. The property comes fully furnished, ensuring a seamless transition for new owners. With its large salt-water swimming pool, lush green lawns, and a children's playground, the guest experience is enhanced, making it a desirable destination. The villa offers a unique blend of business and private living, having a separate area for owners with a kitchen, a lounge with a fireplace, and streamlined access to guest amenities. With the successful track record as a business, you can expect excellent occupancy rates during the tourist season, particularly due to its proximity to treasured local attractions like Monsaraz and Évora. The property also has agricultural possibilities, presenting opportunities for buyers interested in additional income streams. This guesthouse is an ideal choice for anyone looking to invest in a lifestyle business in Portugal's beautiful countryside. Take your first step towards ownership today by contacting us!

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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