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How to invest in a large, renovated historic townhouse in Elvas with income potential?

Townhouse in Elvas

ref. PDBAG031
7.438.618SEK 6.344.704SEK
  • C
  • 6
  • 7
  • 263m2
  • Alojamento Local

Investing in this large, renovated historic townhouse in Elvas is a savvy choice for those interested in blending personal comfort with income potential. Listed at €580,000, the property features 6 bedrooms and 7 bathrooms, making it highly desirable for both families and short-term rental markets. This guesthouse has been meticulously restored, preserving traditional architectural features while integrating modern amenities for optimal living.

With a spacious living area of 263m² spread across four floors, this townhouse allows ample room for entertaining guests or family gatherings. Each bedroom is equipped with its own ensuite bathroom, promoting privacy and comfort, especially essential for guests renting the space.

On the third floor, the outdoor terrace presents a charming escape with a private pool and breathtaking views of the town, ideal for tourists wanting to indulge in relaxation during their stay. The property is also conveniently located in the historic centre of Elvas, attracting visitors who appreciate the region's cultural significance and allure.

Investors looking to capitalise on the lucrative tourism market will find this townhouse an exceptional opportunity due to its desirable characteristics and prime location. It is just 2 hours away from Lisbon and notably close to Spain, thus appealing to a wide range of international guests.

Moreover, the property has air conditioning throughout, modern kitchen appliances, and has been refurbished entirely, requiring minimal investment post-purchase. As Elvas continues to grow in popularity as a tourist destination, the potential for rental income is significant, ensuring a good return on investment.

Do not miss out on this chance to secure a remarkable property in an attractive tourist location. Contact us now to discuss how to make this townhouse your next investment!

Usage
Residential
Type
Townhouse
Town
Elvas
Parish
Assunção, Ajuda, Salvador e Santo Ildefonso
Municipality
Elvas, Portalegre
Region
Alentejo (North)
Renovation Year
2019
Rooms
8
Bedrooms
6
Bathrooms
7
Floors
4
Furnished
Partly
Living Area
263 m²
Usable area
263 m²
Tarmac
Parking outdoors
Lounge
Roof Terrace
Fully Fitted
Private
Town View
• Living area 263m²
• 6 bedrooms, 7 bathrooms
• Renovated in 2019
• Small pool
• In the historical town center
• Parking off road or on near by parking place

The very old building, located in the historical center of Elvas, which had been closed for many years, has been rehabilitated and completely thoroughly renovated.
The original elements of charm were kept as much as possible and others were reproduced giving it comfort and uniqueness. There is a pleasant terrace with a small pool and incredible views on the 3rd floor. This property is perfect for a bigger family or to entertain guests or to rent out.

Ground Floor:
• Kitchen
• Dining room, lounge
• 1 bedroom with bathroom
• 1 bathroom full of original details

1st Floor, accessed by a beautiful old marble staircase:
• 2 bedrooms each with a bathroom.

2nd Floor:
• 3 bedrooms each with a bathroom

3rd Floor:
• A delightful terrace with a small technical support (fridge/dishwasher/area to store outdoor furniture)
• Tank/pool with a magnificent view
• From this terrace, you can access a solarium by an external staircase

Amenities

• Completely new sewerage, water and electricity systems
• Sold furnished
• All rooms have air conditioning
• All bathrooms have their own water heater
• Fully equipped kitchen

Location

• 2 hours to Lisbon by motorway
• 10 minutes to Spain (Badajoz)
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