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Why invest in a guesthouse business in the picturesque town of Arraiolos?

Guesthouse in Arraiolos

ref. AT1492
1.165.169£ 1.122.014£
  • B
  • 11
  • 14
  • 653m2
  • 573m2
  • Alojamento Local

Investing in a guesthouse business in the picturesque town of Arraiolos is an excellent decision, especially with this operational 11 bedroom guesthouse currently on the market for €1.6 million. The property not only boasts stunning views over the medieval castle and charming town, but it also represents a lucrative opportunity within a growing tourism sector. Since its opening in 2010, the guesthouse has gained popularity, drawing over 60% of its guests from abroad, providing a steady income stream. This location is known for its captivating historical significance, rich craftsmanship in embroidery, and renowned wine production, setting the stage for an immersive guest experience. Furthermore, the property is advantageously situated within walking distance to local restaurants and attractions, thus enhancing its appeal. With carefully designed living spaces, including a swimming pool and yoga room for guest enjoyment, this guesthouse captures the essence of hospitality. With the area experiencing an upward trend in tourist visits, investing here not only offers immediate returns through operational business but also long-term growth potential. For serious buyers looking to diversify investments, the region’s allure will continue to attract visitors year after year. Don’t let this opportunity pass by; reach out to us for a viewing and capitalise on this successful business venture!

Usage
Commercial
Type
Guesthouse
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
Fireplace, AC throughout
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 beach100km
Nearest golf NA
Distance from airport 120km
Nearest school 1km
Nearest town 1km

Other Info

Operational Business.
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