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Successful Guest House In Main Square, Evora For Sale

Evora, Évora, Portugal
Asking Price:
€196,800
Sales Revenue:
€100K - €250K
Cash Flow:
€100K - €250K

Unique business opportunity.
Excellent investment.
Excellent occupancy rates between 65% and 87% in the last 8 years.
Equipped and in full operation. Great rating on booking platforms.

4 storey building
11 divisions
Area: about 500m²
Year of total and specific remodeling for this Guest House: 2010
Every year it has had refurbishments / improvements. Located in the central square of Évora, a World Heritage Classified beautiful town in Alentejo;

Maximum capacity 32 people
2 family rooms (4 people)
1 studio with kitchenette for 2/3 people
2 studios with kitchenette for 4 people
1 studio with kitchenette, for 4/5 people, with terrace and outdoor bath
3 double bedrooms
1 single room (+extra bed)
Common room / breakfast room with kitchenette / reception
All rooms and studios have a private bathroom.
WC in common area
Rooftop terrace
Laundry room with 2 x10 kg washing machines and 1 tumble dryer.

Air conditioning in all divisions.
Access code in the building, allowing self check in.
Carefully decorated, modern and comfortable.
Great views, lots of sunlight, all bay windows. Very nice building, high ceilings. On the top floor there is a studio with a private terrace with excellent views of Praça do Giraldo and Igreja de São Francisco, with an outdoor bathtub with hot water.
Active listings on Airbnb, booking.com, VRB (ex-homeaway/homelidays), Hotels/Expedia.
Historic building in the city, with a plaque commemorating the proclamation of the republic in 1910 in Évora.

Lease term of 13 years, renewable.
Value for selling business: €196,800 (€160,000 + VAT)

For more information, please contact us by using the form below.

Property Information

Location:

The Guest House is located by the main suqare in Evora.

Premises Details:

The Guest House is a 4 floor building.

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