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House with pool and terrace Estoril (Portugal)by portugal sotheby's international realty

House with pool and terraceEstoril (Portugal)
Price :
$1,977,400
bedrooms9 bathrooms10 land2,974

We present a unique hospitality asset in the municipality of Elvas: a hotel with 9 rooms, 668 m² of gross floor area and 2,974 m² of land, with an approved expansion project for an additional 1,000 m² of construction, offering enormous potential for appreciation and business growth. Located in the peaceful village of Vila Fernando, just 15 km from Elvas, this rural hotel is the perfect retreat for those seeking rest, culture, and tradition. Resulting from the restoration of the village’s former primary school, the property has preserved its authentic and welcoming character. The property offers 9 double rooms, three of them apartment-style with kitchenette, accommodating between 2 and 6 people. Each room is equipped with air conditioning, television, sofa, and fireplace, ensuring comfort and well-being throughout the year. The hotel also features a 70-seat restaurant, a differentiating element with great potential for exploration, whether for guests or external visitors. Common areas include an outdoor swimming pool, terrace, barbecue area, bicycles for leisure rides, and food & beverage service on site. The generous outdoor area is ideal for hosting themed events such as Fado nights and private dinners, reinforcing its profitability potential. The location is privileged: less than 10 minutes by car from the Fort of Nossa Senhora da Graça and about 5 km from Elvas Castle, a UNESCO World Heritage Site, combining rural charm with accessibility to the region’s historical landmarks. With the approved expansion of 1,000 m², there is an opportunity to significantly increase the property’s capacity, diversify services, and optimize annual occupancy rates. This is a unique opportunity for investors seeking a high-potential tourism asset in a growing destination.
Advertiser reference : H8EB59Le Figaro Properties reference : 90807681

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House with pool and terrace Estoril (Portugal)

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