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What is the cost of a renovated guesthouse in historic Alentejo?

Villa in Arraiolos

ref. AT1492
1.157.273£ 1.114.411£
  • B
  • 11
  • 14
  • 653m2
  • 573m2
  • Alojamento Local

The current asking price for this beautifully renovated 11-bedroom guesthouse in Arraiolos is €1.6 million, perfect for buyers seeking a lucrative business opportunity in the stunning Alentejo region. This fully operational guesthouse not only presents a prime investment but also offers a charming refuge, attracting numerous visitors with its stunning views and proximity to local attractions. Renovated in 2010, this property combines historic elegance with modern conveniences across its spacious layout of 653m².

With 14 bathrooms, guests enjoy ample comfort and privacy, ensuring repeat business and strong reviews. Key amenities such as air conditioning, a communal pool with shower facilities, and a well-appointed kitchen for breakfast service enhance guest satisfaction. Moreover, the guesthouse’s extensive common areas include a reception and yoga room, creating an inviting atmosphere for relaxation and socialising.

Located just a stone's throw from the famed castle of Arraiolos and various exquisite dining options, guests will appreciate the accessibility to local culture and traditions. The property's established reputation serves as an excellent backdrop for investment, with potential for significant returns, especially given the tourism draw of the region.

For serious investors looking to explore the charm and profitability of Alentejo's hospitality sector, this guesthouse stands out as a unique chance. Contact us today for more details on how to secure this exceptional property.

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
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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