Commercial for sale in Borba, Portugal

Herdade Convento da Luz, located in Borba, more specifically Rio dos Moinhos, is a space that is being requalified as a Tourist Resort. The Convent was founded in 1407 and what today becomes a magnificent 5-star hotel was once a building built between 1574 and 1596 by the friars of the Order of St. Paul. The tourist resort is located in a space of about 20,000 m2, where in addition to the Hotel with 40 rooms and the Church, all customers will be able to enjoy the services and facilities of this space such as: Wellness area with SPA; Gym and indoor pool; garden area with play kids and outdoor swimming pool; 2 Restaurants and Pool Bar and Wine Bar; library; playground area, horse riding and cycling. The remaining buildings or annexes to the main area are still under reconstruction and are composed of Accommodation Units known as Suites with garden. Thus, this Tourist Resort will have, in addition to the 40 Hotel rooms, 258 accommodation units. There are currently 14 suites available for investment or in Golden Visa for sale and each unit has a value of 320,000. The Suites have dimensions between 24.37m2 and 27m2 And each Suite has a private garden with different dimensions between 20m2 and 30m2 An annual profitability is already contemplated in these hotel units. If you want to know more details about this property, do not hesitate to contact us. Borba is a Portuguese town in the district of Évora, in the Alentejo region. The main driver of development is the extraction and transformation of marble, which makes the landscape of the area different from all areas of the Alentejo, however Borba is also associated with the excellence of the wines produced in the municipality by the various wine units, evidenced in the medals obtained in the national and international competitions of the sector. Borba is 270kms from Lisbon, a trip that can be done in 01h40minutes. And it is 51kms from the Spanish border Badajoz, which you can do in 40 minutes.