Hotel 4 122 m² in Evora, Portugal

Portugal, Evora
$274,456
$67/m²
;
Last update: 24/05/2023

Location

  • Country
    Portugal
  • Region
    Évora
  • City
    Evora

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $67/m²
  • Total area
    Total area
    4 122 m²

Building parameters

  • The year of construction
    The year of construction
    2025

Description

LOCALIZATION:The hotel is located in the historic center of Evora.This city has been a UNESCO World Heritage Site since 1986. The city is surrounded by medieval walls and has monuments of different eras, such as the temple of Diana, an ancient Roman temple.There are many secrets and interesting places to visit in Evora, and is one of the top 5 most visited cities in Portugal.PROJECT:It will be a wonderful 4-star Superior Boutique Hotel.The existing building, built in 1531, will be completely renovated and modernized, all important historical and cultural features will be preserved, which will create an ideal symbiosis with a new block that will soon be built.It will have 51 rooms with a modern touch, creating a clear and sophisticated contrast with the heritage of the monastery.Unfinished buildings will give way to a beautiful garden with a pool.Spa will also be available to provide sophisticated comfort for all guests.It will be a 4-star hotel that will offer exceptional service and comfort for all guests, giving them a 5-star hotel.INCOME:This is a project designed for investors for the Golden Visa program who are looking for a simple, highly profitable solution with a low level of risk.The guaranteed return on the hotel will be 3.5% in 5 years.The client has the right to stay up to 4 weeks a year throughout the program, divided into 1 week in high season, 1 week in the middle of the season and 2 weeks in the low season.The hotel will begin work in late 2025. Construction and repairs will begin at the end of 2022.

Location on the map

Portugal, Evora
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