Investing in this fully furnished guest house in Terena offers the possibility of combining an operating hospitality business with a private home for €1,150,000. The property has eight bedrooms, eight bathrooms and approximately 487 square metres of living area on a plot of about 6 hectares. Its guesthouse arrangement is designed to support rental accommodation while allowing the owners to live on site. The private residential section includes a fireplace lounge, a fitted kitchen, a dining area with fireplace, one bedroom and a small bathroom. Guests have rooms on two floors together with an additional lounge. Eight bathrooms can help provide convenience and privacy for visitors during busy periods. Fully furnished rooms and communal spaces may reduce the work required to prepare the business for continued operation. The estate has previously operated successfully as a guest house, although purchasers should verify its current trading position and documentation. A salt-water swimming pool gives the accommodation a strong lifestyle attraction. Terraces and lawn surround the pool, creating useful outdoor areas for guests. Families may also value the dedicated children’s playground. The grounds include trees, a walnut plantation and a large agricultural building. A borehole, irrigation canal and further water infrastructure offer useful resources for the land. Mains water and electricity are already connected to the property. The rural setting delivers privacy while remaining close to well-known Alentejo destinations. Terena Castle is visible from the estate, adding local character to the countryside views. Monsaraz is approximately 29 kilometres away and Évora is around 59 kilometres distant. A river beach about 17 kilometres away provides another reason for visitors to explore the area. Potential income could come from guest accommodation, seasonal stays and complementary rural tourism uses, subject to applicable permissions and market research. Return on investment cannot be guaranteed, so buyers should examine accounts, occupancy, costs and licensing before proceeding. Contact us now to discuss the investment opportunity and schedule a viewing in Terena.
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
