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Elvas Castle
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What are the best investment opportunities for guesthouses in Portugal?

Townhouse in Elvas

ref. PDBAG031
680.000€ 630.000€
  • C
  • 6
  • 7
  • 263m2
  • Alojamento Local

For those exploring the best investment opportunities for guesthouses in Portugal, the beautifully restored townhouse in Elvas stands out. This property has been transformed into a large guesthouse featuring six bedrooms and seven bathrooms after an extensive renovation in 2019, making it an optimal investment for hospitality.

Elvas, with its historical significance and charm, attracts visitors looking for a unique experience, thus ensuring a steady flow of clientele. The inclusion of a private pool on the terrace not only enhances the guest experience but also adds value to the property.

At a competitive price of €630,000, the guesthouse offers a significant return on investment potential given its prime location in the heart of the town. Furthermore, being two hours from Lisbon and ten minutes from Spain increases its attractiveness for both local and international tourists.

The property boasts air conditioning, a fully equipped kitchen, and a delightful terrace with magnificent views, all essential features that guests expect. With the demand for unique accommodation rising, investing in this guesthouse can lead to impressive rental yields.

Additionally, the area is rich in cultural and historical landmarks, which serve as an attraction for visitors. With a spacious 263 m² living area, this property is not only a home but a fantastic business opportunity.

If you're serious about investing in a guesthouse in Portugal, this renovated property is a deal you don’t want to miss. Contact us for more information and to explore this remarkable investment opportunity!

Usage
Residential
Type
Townhouse
Town
Elvas
Parish
Assunção, Ajuda, Salvador e Santo Ildefonso
Municipality
Elvas, Portalegre
Region
Alentejo (North)
Renovation Year
2019
Rooms
8
Bedrooms
6
Bathrooms
7
Floors
4
Furnished
Partly
Living Area
263 m²
Usable area
263 m²
Tarmac
Parking outdoors
Lounge
Roof Terrace
Fully Fitted
Private
Town View
• Living area 263m²
• 6 bedrooms, 7 bathrooms
• Renovated in 2019
• Small pool
• In the historical town center
• Parking off road or on near by parking place

The very old building, located in the historical center of Elvas, which had been closed for many years, has been rehabilitated and completely thoroughly renovated.
The original elements of charm were kept as much as possible and others were reproduced giving it comfort and uniqueness. There is a pleasant terrace with a small pool and incredible views on the 3rd floor. This property is perfect for a bigger family or to entertain guests or to rent out.

Ground Floor:
• Kitchen
• Dining room, lounge
• 1 bedroom with bathroom
• 1 bathroom full of original details

1st Floor, accessed by a beautiful old marble staircase:
• 2 bedrooms each with a bathroom.

2nd Floor:
• 3 bedrooms each with a bathroom

3rd Floor:
• A delightful terrace with a small technical support (fridge/dishwasher/area to store outdoor furniture)
• Tank/pool with a magnificent view
• From this terrace, you can access a solarium by an external staircase

Amenities

• Completely new sewerage, water and electricity systems
• Sold furnished
• All rooms have air conditioning
• All bathrooms have their own water heater
• Fully equipped kitchen

Location

• 2 hours to Lisbon by motorway
• 10 minutes to Spain (Badajoz)
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