This guest house for sale near Lake Alandroal offers private accommodation and business potential at an asking price of €1,150,000. Situated in Terena, Alentejo, it has operated successfully as a guesthouse and includes a separate area for the owners. The layout is well suited to buyers who want to live on site while running rural tourism accommodation. The guesthouse contains eight bedrooms and eight bathrooms, arranged over two floors. Visitors also have access to a dedicated lounge for relaxing between excursions. The private residence occupies part of the ground floor and includes one bedroom and a small bathroom. Its lounge has a fireplace, while the fitted kitchen and dining area provide a practical everyday living space. Approximately 487 square metres of living area and 595 square metres of usable area offer generous room for hospitality operations. The property was renovated in 2015 and is fully furnished. A large salt-water swimming pool provides a strong attraction during the warmer Alentejo months. Pool terraces, lawns and a children’s playground broaden its appeal to families and leisure travellers. The approximately 5.93-hectare plot also includes walnut plantations and naturally maintained countryside. An agricultural building at the lower end of the land could support storage, farming or other uses subject to planning requirements. Water resources include mains supply, a borehole, an irrigation canal and a water wheel. Panoramic views stretch across the surrounding landscape towards Terrena castle. The location is quiet, yet it connects conveniently with the route between Estremoz and Reguengos de Monsaraz. Monsaraz is approximately 29 kilometres away, and a river beach is around 17 kilometres from the estate. Évora, at roughly 59 kilometres, adds a major cultural and visitor destination to the area. Buyers may explore guest accommodation, retreats or seasonal rental models after reviewing the relevant licences and financial records. Contact us today to assess this rural hospitality investment and book a viewing.
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