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848 000 €

Hotel in Portalegre, Portugal, 782 sq.m
  • Hotel in Portalegre, Portugal, 782 sq.m - picture 1
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  • Property ID on Prian.info: 3742383
    Property ID on company's website: 205423CV
    Last update: 25.03.2024
    Number of views: 2138

848 000 €

Hotel in Portalegre, Portugal, 782 sq.m

782 sq.m
Residence Online Viewing

  • On the map
  • Property ID on Prian.info: 3742383
    Property ID on company's website: 205423CV
    Last update: 25.03.2024
    Number of views: 2138

Specifications

Sale price 848 000 €
Price per square meter 1 591 €
Floor area 782 sq.m
Construction phase Resale
Number of storeys 4
Address Portugal, Portalegre, Castelo de Vide
Location in the mountains, on the lake shore
to the beach 2000 meters
to a state border 20 kilometers
to food stores 500 meters

Additional services

  • Residence permit upon purchase
  • Online viewing is available

Finance

Profitability
Pay-off period 5 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 1.5 %
Net commission 18 675 €
Gross commission 22 970 €
Tax 6.5 %
Notary Services 0.5 %
Total expenses 105 000 €
Maintenance
Annual tax 3 000 €
Operating expenses 36 000 €
Total year expenses 39 000 €

Description

Boutique hotel in the heart of Portugal

AVAILABLE FOR GOLDEN VISA

A Premium Boutique countryside Hotel in the historic town of Castelo de Vide, located in the heart of the beautiful Portuguese region of Alto Alentejo, very close to the border with Spain. This medieval town is considered a tourist attraction, not only because of its history, featuring a 13 th century castle, but also due to its beautiful location inside the São Mamede natural park.
This is an excellent investment for anyone wishing to start their Hotel business in a popular tourist destination in Portugal.
Careful consideration has been given to elements such as the premium joinery, triple glazed windows, floor finishes and stone work, ensuring a harmonious relationship between the building structure and the interior design. This classic Hotel has been designed allowing for a modern comfortable living and reflects quality and luxury throughout.
The Hotel building has 4 floors.

  • - The ground floor features a duplex suite and a duplex studio, which is equipped with a kitchenette, the studio has an independent entrance and a living room with a pantry that currently is used as a breakfast dining area.
  • - The Hotel's kitchen has a central island made of “Estremoz marble” and is equipped with a large stove with 2 SMEG A5-81 ovens, as well as a dishwasher and a fridge-freezer, all made by SMEG. The kitchen also has a mezzanine with a small fireplace. The equipment is installed in a technical area designed with redundancies in terms of the hot water system as well as pre-installation for photovoltaic energy.
  • - The first floor features a common living room and a dining room, equipped with air conditioning and central heating, boasting high ceilings and three large windows overlooking the town’s main square.
  • - On the second floor there is a suite with a private balcony and sauna, as well as a bedroom, which is presently being used as an office.
  • - On the third floor there are two suites, one with a Twin layout.

All suites have bathrooms with underfloor heating, air conditioning (Mitsubishi) and central heating (Solzaima).
The property features original hydraulic mosaics, modern micro-cement materials, premium wooden floors, bright birch coatings, high-end exterior window frames with triple glazing and an electric door opening system.
Included in the price are the sofas, armchairs, furniture, beds, wardrobes, large domestic appliances, installed lighting solutions, amongst others assets.


Separately, it is possible to purchase a successful commercial brand: the Hotel has been operating since 2019; the Hotel's rating on is 9.5.


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Representative

Diogo Cardoso
Languages: english, portuguese, italian
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Seller
Diogo Cardoso representative of the company

Glacier Location LDA

Languages: english, portuguese, italian
Contact seller