Wondering how much investment is necessary for a successful guesthouse in Portugal? This fully operational 11-bedroom guesthouse in Arraiolos presents an engaging investment opportunity at a price of €1.6 million. This price not only covers the property itself but also includes the established business model that attracts guests from around the world.
Renovated in 2010, the guesthouse spans an expansive 653m² living space designed to impress. Features include an inviting swimming pool, multiple guest rooms with en-suite bathrooms, and beautifully appointed communal areas like a breakfast room.
Investors will appreciate the potential for significant rental income, bolstered by the property's strategic location within a historic setting. Just 500 meters from the Arraiolos Castle, guests are drawn to the local culture, cuisine, and stunning Alentejo landscapes.
Furthermore, with investment in local amenities, this property is perfectly positioned to meet the needs of both leisure and business clientele. The 14 bathrooms provide excellent convenience, catering to large groups or events.
The guesthouse opens up numerous avenues for income generation, including additional services such as yoga sessions in the dedicated studio, enhancing guest experience and creating opportunities for premium pricing.
The surrounding area, rich in vineyards, creates a unique tourism angle with potential for wine tours. Investors looking for a well-established enterprise can confidently consider this property for strong ROI. Contact us today to learn more about 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 beach 100km
Nearest golf NA
Distance from airport 120km
Nearest school 1km
Nearest town 1km