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Where can I buy a turnkey guest house with owners’ accommodation near Lake Alandroal?

Guesthouse in Terena

ref. PDBED009
1.267.706$
  • C
  • 8
  • 8
  • 487m2
  • 59.250m2
  • Farm
  • Alojamento Local

You can buy this turnkey guest house with separate owners’ accommodation near the lake in Terena, Alandroal, for €1,150,000. The established guest house business occupies part of a fully furnished Alentejo country estate, while the private accommodation provides a comfortable base for the owners. Set on approximately 5.925 hectares, the property offers panoramic countryside views and a peaceful setting close to Lake Alandroal. The private ground-floor residence includes a lounge with a fireplace, a fitted kitchen and dining area with a second fireplace, one bedroom and a bathroom. The guest house is arranged over two floors and includes additional guest rooms and a lounge. In total, the estate has eight bedrooms and eight bathrooms. A living area of approximately 487 square metres and a usable area of about 595 square metres provide substantial space for hospitality and private living. The property is sold fully furnished, allowing a buyer to continue the business with less initial furnishing work. Outdoors, a large salt-water swimming pool is surrounded by terraces, lawns and mature trees. A children’s playground adds further appeal for families and group holidays. The naturally maintained land also includes a walnut plantation and an agricultural building at the bottom of the plot. Buyers interested in rural business opportunities can explore agricultural use of the land alongside guest accommodation. Water resources include a private borehole, an irrigation canal and a water waltz, in addition to mains water and electricity. The estate is approximately 17 kilometres from a river beach, creating an attractive leisure offering for visitors. Monsaraz is around 29 kilometres away, while Évora is approximately 59 kilometres from the property. The location also benefits from views towards the castle of Terena and access to the road linking Estremoz with Reguengos de Monsaraz. Its quiet rural position contrasts with the convenience of nearby tourist destinations and amenities. The pool, panoramic setting and established accommodation could support continued holiday rental income, subject to the relevant business arrangements and financial review. Buyers should assess trading records, operating costs and local regulations before committing to the investment. Contact us now to arrange a viewing of this Alentejo guest house estate.

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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