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What are the best investment opportunities for guest houses close to Monsaraz?

Guesthouse in Terena

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

One of the best investment opportunities for guest houses near Monsaraz is the compelling property located in Alandroal, where visitors can indulge in the beauty of Alentejo’s landscape. This guest house, priced at €1,150,000, not only provides comfortable accommodation but is also strategically positioned to attract tourists looking to explore the historic town of Monsaraz and its surrounding attractions.

The estate contains eight bedrooms and eight bathrooms, catering to multiple guests at once and ensuring profitability for prospective owners. With a large swimming pool and expansive outdoor areas, guests enjoy a perfect blend of relaxation and recreation during their stay. Its picturesque setting complements the historical and cultural allure of the region, making it an attractive offer for serious investors in the hospitality sector.

Beyond its inviting layout, the property also includes agricultural potential with its significant land area of 6 hectares, complete with a personal water supply. This versatility opens up further revenue possibilities, allowing owners to engage in horticulture or farming alongside their hospitality business.

The property’s location is another major selling point, being just a short distance from both Monsaraz and Évora, providing easy access to tourist hotspots. These features translate into high guest occupancy rates, translating into robust returns on investment for the owner. The establishment is equipped with essential facilities such as mains electricity and water, along with extensive outdoor amenities that cater to families and groups alike.

This guest house presents itself not just as a home but as an investment into a thriving industry. For those interested in capitalising on Portugal's booming tourism market, contact us to arrange a private viewing!

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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