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What are the best options for investing in a turnkey guesthouse business in Portugal?

Guesthouse in Terena

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

For serious buyers interested in a turnkey guesthouse business in Portugal, look no further than this well-established property near Alandroal. Priced at €1,150,000, this guesthouse is fully operational with 10 guest rooms and private owner accommodation, making it ideal for those looking to enter the hospitality market without the hassles of renovations. The property enjoys a prime location with a large swimming pool, established agricultural facilities, and ample outdoor space, drawing in visitors from nearby tourist attractions such as Monsaraz and Évora. The dual-purpose setup allows for personal use combined with revenue generation, ensuring a profitable and fulfilling lifestyle. The property's natural water supply further enhances its value, offering potential for agricultural ventures in addition to hospitality. An impressive ROI is achievable here, thanks to its excellent location and amenities. This unique investment opportunity is not to be missed—contact us for further details and take the first step towards owning a slice of paradise in Alentejo!

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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