Mercury Group
Hotel for refurbishment in the center of Estremoz
- Portugal, Alentejo, Estremoz
- Estremoz (Santa Maria e Santo André)
Property description
- Portugal, Alentejo, Estremoz
- Estremoz (Santa Maria e Santo André)
The Hotel Alentejano was for many years the only Hotel in Estremoz.Located 160 Km from Lisbon served by the A6, it is in the heart of the Alentejo, an hour and a half from Lisbon Airport.Closed a few years ago is now in the process of approving a PIP for 29 rooms, Restaurant, Pool, Gym, shop and Garden.It is a building of typical construction of Estremoz with high and worked ceilings that give it an indisputable charm.The Project foresees 1,147 m2 of bedroom area in a total of 3,373.5 m2 of total area.Located in one of the corners of Marquês de Pombal Square, the emblematic Rossio is truly in the heart of Estremoz where the increasingly famous Saturday Fair is held.It is a rare opportunity for an investment in the city of Estremoz!
Recreation and infrastructure within a radius of 1 km:
- Portugal, Alentejo, Estremoz
- Estremoz (Santa Maria e Santo André)
What you should know, purchasing a property in Portugal
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
