$3,577,818

For sale in Vila Viçosa, Alentejo: a 16th-century convent with an approved project for a 59-key boutique hotel. The convent, its cloister and its walled grounds are classified together as a Monument of Public Interest. The estate covers 24,446 m² of enclosed grounds with orange and olive groves, a historic water system and open views over the countryside. The convent is built around a two-storey cloister with sgraffito decoration and azulejo tiles, with brick-vaulted rooms and a former library with a painted ceiling. It is vacant and needs full restoration. In December 2025 the heritage authority, the regional authority and the municipality approved the hotel project at prior information (PIP) stage. The scheme provides 59 keys across the restored convent, an existing house and two new low-rise buildings, with a restaurant, bar, spa with indoor pool, and an outdoor pool. The licensing application is due by January 2028, and a one-year extension may be granted, allowing submission by January 2029. Vila Viçosa, seat of the House of Braganza, is on Portugal’s UNESCO Tentative List. Évora is 45 minutes away, Spain 40 minutes and Lisbon about two hours. Available as an asset deal or a share deal. This is a unique investment opportunity to transform a historic heritage property into a charming boutique hotel. Full information is available on request, including the planning approvals, the architectural project, the schedule of areas and an investment memorandum. Please get in touch and I will send you the full pack. #ref:CA(4)-0006