Hotel 4 122 m² in Evora, Portugal

Location: The hotel is located in the historic center of Évora. The 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 Évora, one of the top 5 most visited cities in Portugal. 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, creating a perfect symbiosis with a new block that will soon be built. There will be 51 rooms with a modern shade, creating a clear and refined contrast with the heritage of the monastery. Unfinished buildings will give way to a beautiful garden with a pool. A spa will also be available to provide exquisite comfort for all guests. It will be a 4-star hotel that will offer exceptional service and comfort to all guests, giving them the feel of a 5-star hotel. Guaranteed profitability of the hotel will be 3.5% per year for the first 5 years. At the same time, the entire yield for 5 years will be paid one year after the investment, corresponding to 49.000 euros. The client is entitled to stay up to 4 weeks a year throughout the program, divided into 1 week in high season, 1 week in mid-season and 2 weeks in low season. The hotel will start operating at the end of 2025. Construction and repairs will begin at the end of 2022.