3-Star Boutique Hotel for Sale

About this Listing

This property was selected and recommended by Porameta for its valuable investors. This 3-star boutique hotel in Montemor-o-Novo presents an attractive hospitality investment opportunity combining historic character, an established tourism license, and significant repositioning potential. Located in the Alentejo, approximately one hour from Lisbon and its international airport and close to Évora, the property benefits from a strategic position within a region experiencing growing tourism demand. The hotel occupies a carefully restored historic property spread across three floors and combines traditional regional materials, including cork and marble, with contemporary hospitality facilities. The accommodation comprises 12 en-suite rooms, including two suites and one accessible room, providing a well-defined boutique hospitality concept. The property is equipped with an elevator, air-conditioned common areas, a fully equipped kitchen, dining areas, staff facilities, and a multipurpose lounge connected to a terrace offering privileged views of Montemor-o-Novo Castle. An active 3-star hotel license is already in place, providing an important foundation for continued hospitality operations. At the same time, the property offers potential to be repositioned into a higher-end boutique or destination hotel concept. The proposed vision combines accommodation with a restaurant, events, retreats, and curated experiences, creating multiple potential revenue streams. Its location along the EN2, one of Portugal's most recognized tourism routes, provides an opportunity to capture both road-trip tourism and destination-based visitors. Proximity to Évora, Comporta, and the Spanish border further broadens the potential visitor market. With an established hotel license, 12 rooms, hospitality infrastructure, historic character, and opportunities for repositioning and expansion of the concept, this asset is particularly suited to an investor or hospitality operator seeking a distinctive Alentejo tourism property with medium-term value-add potential. This property was listed by RE/MAX Telheiras (SEDE) as the original product provider. For interested parties, please contact RE/MAX Telheiras (SEDE) directly with the details below: Phone: +351217121920 Email: telheiras@remax.pt