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What is the investment potential of a guesthouse near Monsaraz?

Guesthouse in Terena

ref. PDBED009
13.188.435NOK
  • C
  • 8
  • 8
  • 487m2
  • 59.250m2
  • Farm
  • Alojamento Local

The guesthouse near Monsaraz offers tremendous investment potential in a thriving tourist area, with the property priced at €1,150,000. With eight guest bedrooms and a dedicated owner’s accommodation, this turnkey business provides both immediate returns and the opportunity for future growth. Its strategic location, just 29 km from Monsaraz and 59 km from Évora, makes it a fantastic choice for those looking for a profitable investment in Portugal's sought-after Alentejo region. The area attracts numerous visitors year-round, drawn by the stunning landscapes and cultural landmarks. With a large salt-water swimming pool and extensive grounds of approximately 6 hectares, the property offers both comfort and recreational facilities for guests. The private living area features a lounge and fully equipped kitchen, allowing for seamless management of the guesthouse operations. The estate also has its own borehole and is linked to city water, enhancing its agricultural potential. The existing structure is well-maintained, ensuring immediate operational capability. Additionally, the picturesque setting and tranquil environment attract guests seeking relaxation and nature-based experiences. For interested buyers seeking a lucrative venture in hospitality, this property stands out for its versatility and appeal. Schedule a viewing today to explore this investment opportunity!

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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