5 Star Hotel With 278 Rooms, For Sale In Dubai

Description

Welcome to a remarkable opportunity to transform history into hospitality in the enchanting city of Évora. This historic building, once a bustling factory, now stands as a canvas for your imagination, offering over 50 rooms ripe for conversion into a hotel or student accommodation, blending heritage charm with modern comfort.

Nestled within the storied streets of Évora, a UNESCO World Heritage Site renowned for its rich history and architectural splendor, this building epitomizes the timeless allure of Portugal's past. With its distinctive facade and industrial heritage, it beckons to be reimagined for a new era of hospitality.

Spanning multiple levels, the building boasts an expansive layout that lends itself perfectly to a variety of configurations. From spacious suites to cozy student rooms, the possibilities are endless, offering ample space to accommodate guests or residents seeking a unique and immersive experience in Évora.

As you step inside, you are greeted by the echoes of the building's storied past, where the hum of machinery once filled the air. Now, the space awaits a new chapter, where history and hospitality converge to create a destination unlike any other.

However, it's important to note that the building is in need of renovations, presenting a prime opportunity for investors to increase the value of the property through strategic upgrades and enhancements. With careful planning and vision, this historic gem can be transformed into a beacon of modernity and luxury, while still preserving its distinctive character and charm.

Beyond its expansive interior, the building offers a prime location in the heart of Évora, ensuring easy access to the city's myriad attractions, from ancient monuments and charming cobblestone streets to lively cafes and cultural institutions. Whether catering to tourists eager to explore Évora's treasures or students seeking a vibrant academic environment, this building offers endless potential to become a focal point of the city's social fabric.

With its rich history, unparalleled location, and potential for renovation, this building presents a rare opportunity to leave a lasting imprint on Évora's landscape. Whether embarking on a hotel venture that celebrates the city's heritage or providing student accommodation that fosters a sense of community and belonging, the possibilities are as boundless as the imagination.

Don't miss your chance to be a steward of Évora's past and future - seize this opportunity to transform this historic building into a beacon of hospitality and innovation in one of Portugal's most captivating cities.

Property ID: EvoraBuildingLus

Price: €2,500,000

Property Type: Building, Commercial, Hotel

Property Status: For Sale