The asking price for this fully renovated guesthouse located in the historic region of Alentejo is currently set at €1.6 million, with potential negotiations down to €1.58 million. This 11 bedroom property provides an excellent opportunity for serious buyers looking to invest in commercial real estate within a highly sought-after tourist region. The guesthouse underwent significant renovations in 2010 and has been operating as a successful guest accommodation since then.
Offering an impressive living area of 653m² and a total construction area of 647m², this property features 11 en-suite bedrooms and 14 bathrooms, catering to a variety of guest needs. The guesthouse includes a reception area, breakfast room, and even a yoga space, elevating its profile as a wellness retreat.
Beyond the property’s amenities, Arraiolos is noted for its rich history and stunning landscapes, making it an ideal location for those looking to blend investment with a historical ambiance. Your guests will be close to the picturesque castle and numerous restaurants offering local cuisine, enhancing their overall experience.
With beautiful views of the surrounding countryside and town, the property stands as an attractive investment option for those looking to enter the hospitality marketplace. Since its opening, the guesthouse has gained popularity for offering unique stays in an authentic Portuguese setting. An investment in this property presents excellent potential for return on investment in the long run. Inquire now for more details or to arrange a visit!
• 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
