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What is the cost of running a guesthouse near Lake Alandroal?

Guesthouse in Terena

ref. PDBED009
1.150.000€
  • C
  • 8
  • 8
  • 487m2
  • 59.250m2
  • Farm
  • Alojamento Local

The cost of running a guesthouse near Lake Alandroal depends on several factors, but this remarkable property can offer potential owners a detailed insight into expected operational expenses. Listed for €1,150,000, the guest house has been established as a successful business, ensuring a lucrative return on investment. You’ll benefit from an expansive plot of 6 hectares equipped with amenities like a swimming pool, which can enhance guest experiences and increase occupancy rates.

Within the property, utilities such as electricity are supplied through mains connections, alongside a borehole providing additional water supply. This setup supports manageable running costs by potentially reducing your water bills. The guesthouse is fully furnished and has separate areas for owners and guests, effectively streamlining the operational aspect of this investment. Revenues can also be positively impacted by its positioning close to tourist hotspots like the charming town of Monsaraz, known for its historic significance.

Furthermore, the tranquil environment surrounding the guesthouse provides an inviting atmosphere for visitors looking for relaxation and scenic views. If you're considering expanding agricultural opportunities, the estate allows for agricultural use as it features a plantation of walnut trees. All these attributes can contribute not only to the operational costs but also to increasing the guesthouse's profitability. Explore this opportunity further and contact us for a complete breakdown of expenses and potential revenue!

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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