Nestled in the heart of Évora’s historic center, a UNESCO World Heritage Site since 1986, this hotel offers a unique blend of cultural richness and modern luxury. Évora, encircled by medieval walls, boasts an array of monuments spanning various epochs, including the ancient Roman Temple of Diana. As one of Portugal’s top five most visited cities, Évora is a treasure trove of hidden gems and intriguing sites.
The project envisions the transformation of a building dating back to 1531 into a splendid 4-star hotel, marrying meticulous preservation of historical and cultural elements with the construction of a new, modern wing. This harmonious integration ensures a seamless blend of past and future.
Upon completion, the hotel will feature 51 rooms, each designed with a contemporary flair that elegantly contrasts with the site’s monastic heritage. The development will also introduce a serene garden complete with a swimming pool, replacing the current unfinished structures. For an added touch of luxury, a spa will be available to offer unparalleled relaxation and comfort to guests, aiming to provide a 5-star experience within a 4-star establishment.
This investment opportunity is tailored for participants in the Golden Visa program seeking a straightforward, high-yield, low-risk venture. Investors are guaranteed a 3.5% annual return over the first five years, with the total yield for this period payable one year after the investment, amounting to €49,000. Additionally, investors are entitled to enjoy up to four weeks of stay per year throughout the program, distributed across the high, mid, and low seasons.
Slated to begin operations by the end of 2025, construction and renovation efforts are set to commence at the close of 2022, marking the start of a journey that blends historical preservation with modern innovation, all while offering an attractive investment opportunity in Hotels in Portugal for sale.
