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What investment opportunities are available for a guesthouse in historic Arraiolos?

Villa in Arraiolos

ref. AT1492
1.350.000€ 1.300.000€
  • B
  • 11
  • 14
  • 653m2
  • 573m2
  • Alojamento Local

Looking for investment opportunities for a guesthouse in historic Arraiolos? This fully operational 11 bedroom guesthouse is an excellent prospect for savvy investors. With a current asking price of €1.6 million, the potential for rental income is promising, particularly given the region's growing appeal among tourists seeking authentic Alentejo experiences. Located near the charming town centre, this property benefits from easy access to local markets and attractions, enhancing its attractiveness to potential guests. The guesthouse encompasses a living area of 653 square metres and multiple amenities, including a swimming pool and yoga room, contributing to a relaxed guest experience. Renovated in 2010, the guesthouse features modern fittings alongside traditional Portuguese architecture, further enhancing its appeal. Arraiolos is famous for its carpet-making heritage, attracting visitors with its cultural richness, making this property a desirable location for a hospitality business. Investment in this guesthouse not only provides steady income but also positions you within the heart of a vibrant community. With 60% of guests arriving from abroad, the property demonstrates strong international interest. Explore this lucrative opportunity and contact us today for a detailed viewing!

Usage
Commercial
Type
Villa
Town
Arraiolos
Parish
Arraiolos
Municipality
Arraiolos, Évora
Region
Alentejo (Central)
Construction Year
1951
Renovation Year
2010
Rooms
17
Bedrooms
11
Bathrooms
14
Floors
3
Furnished
Fully
Living Area
653 m²
Usable area
647 m²
Plot Area
573 m²
Tarmac
Parking outdoors
Fully Furnished
Garden Terrace, Juliet Balconies
Fully Fitted
Laundry, Storage, Breakfast Room, Dance/Yoga Studio, Reception
Fitted Wardrobe
En-Suite, WC, Family Bathroom
Fireplace, AC throughout
Cable/Satellite TV, Internet/Phone, Alarm System, Safe, Solar (Water)
Double glazing
Communal, Shower
Private, Communal gardens
Town View, Castle View, Countryside View
• 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

Other Info

Operational Business.
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