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Why is owning a guesthouse near popular tourist destinations a good investment?

Guesthouse in Terena

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

Owning a guesthouse near popular tourist destinations, like this one located near Lake Alandroal in Évora, is an excellent investment due to its strategic location and inherent value. This stunning property, available for €1,150,000, is situated close to key attractions such as Monsaraz and Evora, ensuring a steady flow of guests throughout the year. The property features both guests’ lodgings and owners' accommodation in a 6-hectare estate, making it ideal for living comfortably while managing a successful business. With eight guest rooms and a well-designed living area for owners, this guesthouse caters to a wide demographic. Guests can enjoy the idyllic surroundings, including a large salt-water swimming pool and vast green spaces, contributing to a positive guest experience and high ratings. Additionally, the property's agricultural potential through existing water supplies allows for further income avenues, appealing to those who want to diversify their investment. The ability to combine hospitality with agricultural pursuits not only enhances profitability but also positions the property as a unique offering in the competitive market. With Alentejo's growing popularity as a travel destination, this guesthouse presents a viable investment opportunity for buyers looking to benefit from the increasing demand for accommodations in the region. With easy access to local amenities and the charm of the countryside, buyers can thrive in this serene yet vibrant environment. Don't miss your chance to invest in this brilliant opportunity! Contact us now to learn more and arrange a personal viewing!

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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