Property in Portugal

Hotel in , Portugal


LOCATION


Évora is the only Portuguese city member of the Network of Oldest European Cities, it is the fifth largest municipality in Portugal.

Its well-preserved historic center is one of the richest in monuments in Portugal, which earns it the epithet City-Museum. In 1986, the historic city center was declared a World Heritage Site by UNESCO.

It is known as the de facto capital of Alentejo.
THE ENTERPRISE

This beautiful development, with a lot of tourist potential, provides the visitor with tranquility and well-being, in a serene environment surrounded by the green fauna based in the region.

The 5 star Hotel has 299 rooms, the rooms on the ground floor with a private garden and the rooms on the 1st floor with panoramic views of nature, with a total of 258 units.

Apartment prices are:
- 280 000K
- 320 000K
- 350 000K

The value of contributions at the hotel is a fixed amount of 280 000K.

AMENITIES AND RESOURCES

The hotel has several leisure programs such as: Restaurant, Terrace, Wine club, Spa, Yoga, Pilates, Gym, Auditorium, Bookstore, Sauna, Jacuzzi, Tennis Court, Soccer Field, Cultural space, Theater, Indoor swimming pool and outside.

It has its own brand of wine, where the owners will be able to participate in the income from the plantation of 7 Hectares of Vineyards, Olives and Cork Oaks.

Regarding the Vineyards, the estimated production is 78,000 bottles, where each investor will have a return of up to 3,000 euros per year.

EXTRAS

Despite its old style and design, it has quality finishes for the guest's convenience, completely renovated for a great investment opportunity!
The guaranteed profitability of the apartments will be 18% in 6 years (3% per year), when the hotel is operational you can enjoy an early refund, in this case a total of 12%.

Maintenance is completely free for the first 6 years.

This magnificent development also has great access:

-14 km from the Supermarket;
-16 km from the highway;
-57 km from Badajoz (Spain);
-179 Km from Lisbon Airport.
Specifications
Property type:hotel
Property condition:new build

ID: 220996 12.02.2023

  • 1856 sq. m
280 000 €
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500 m
2000 ft

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