2 Properties for Sale, Houses - House 6 or more Bedrooms Remodelled, in Elvas, Assunção, Ajuda, Salvador e Santo Ildefonso

Investment Opportunity in Historic Elvas: Versatile Property with Exceptional ROI Potential

Property Overview:
Located in the picturesque UNESCO heritage site of Elvas, close to Portalegre in the scenic Alentejo region of Portugal, this property presents a unique investment opportunity. With a fixed price of Eur 290,000, the property boasts a total gross floor space of 369 square meters spread across three floors. It features 12 rooms, each equipped with its own bathroom, making it suitable for various hospitality ventures such as a hotel, B&B, student room rental, or boutique hotel. Additionally, the property includes a 1000-liter solar system for sustainable energy use and an interior courtyard for guests to relax and unwind.

Recent Renovations & Amenities:
Recently renovated to a high standard, the property offers modern amenities and comfort. Upgrades include new plumbing and a certified electrical installation, ensuring safety and efficiency. The current owner has successfully rented out the 12 rooms to students from the nearby agricultural university for at least 10 months a year, generating a steady income stream.

ROI Calculation:
Let’s consider the potential return on investment (ROI) for a prospective buyer. With each room rented out at Eur 300 per month to students, the annual rental income from the property is calculated as follows:
Annual Income = 12 rooms * Eur 300/room/month * 10 months = Eur 36,000

Given the fixed price of Eur 299,000 for the property, the ROI can be calculated using the formula:
ROI = (Eur 36,000 / Eur 299,000) * 100 12.04%

This impressive ROI showcases the lucrative potential of investing in this property in Elvas. Furthermore, as the property is exempt from IMT tax, investors can maximize their returns and enjoy favorable financial benefits.

Investment Potential:
Whether you’re seeking a profitable venture in the hospitality industry or a secure long-term investment, this property offers versatility and stability. Its prime location in a UNESCO heritage site, coupled with its recent renovations and reliable rental income, makes it an attractive opportunity for savvy investors.

Act Now:
Don’t miss out on this exceptional investment opportunity in historic Elvas. Contact us today to schedule a viewing and explore the potential of this versatile property.
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Have you ever dreamed of living in a palace that breathes history, luxury, and exclusivity? If so, get ready to be enveloped by an aura of magnificence as we present this true masterpiece located in the city of Elvas, a UNESCO World Heritage Site.

Imagine yourself walking through the majestic corridors of this palace, whose construction dates back to 1887. Every corner exudes history, with architectural elements harking back to the splendor of 19th-century French architecture. This is not just a house; it is a living testimony to a bygone era, rehabilitated with love in 1916 and meticulously restored in 2010, preserving its original glory.

As you step into this sanctuary of elegance, you will be greeted by a grand hall adorned with an imposing wooden staircase, revealing the secrets that reside on the two upper floors. With magnificent salons, eight bedrooms, luxurious bathrooms, and a kitchen worthy of a chef, every detail has been carefully designed to provide the utmost comfort and refinement. An elevator, fireplaces, and central heating system ensure that every moment is lived in complete comfort.

The adventure doesn’t end with the stunning interiors. This palace is embraced by a breathtaking botanical garden, designed by renowned landscape architect Jean Claude Forestier. Palms, sequoias, and rare trees dance in harmony, while statues guard the secrets of the past. Imagine yourself relaxing by the pool, surrounded by the serenity of this lush paradise, or exploring the world-class equestrian facilities, complete with a riding arena, paddocks, support accommodations, and 30 boxes.

This is not just a house; it is an investment in the lifestyle you’ve always dreamed of. With three additional houses spread across the property and a strategic location just 25 minutes from Badajoz and 2 hours from Lisbon, this property offers not only a residence but also a prestigious real estate investment opportunity.

Get ready to be captivated by this rare gem in the Iberian Peninsula. If you’re seeking luxury, exclusivity, and an unparalleled living experience, don’t miss out on this unique opportunity. Schedule a visit and immerse yourself in the true fairy tale that is this palace in Elvas. This is not just a property; it’s an invitation to be part of a history that transcends time.
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