Alcáçova, Portalegre 7350

For sale: this prestigious historic building in need of renovation, with a total surface area of 706 m2, located right in the centre of the town of Elvas.In its current configuration, it offers around twenty rooms spread over two levels.There is a patio and garage on the ground floor and a spacious terrace on the first floor.Its incredible volume, location and noble architectural details (central staircase in stone and azulejos, carved stone windows and doors, high ceilings, mouldings, etc.) make this an exceptional property full of charm in the heart of the old town.A project for a charming 16-room boutique hotel combining tradition and modernity has been approved by the town council for April 2023. The town of Elvas is located in the magnificent Alentejo region.It is a fortified town with numerous remains dating back to the 10th century, and its ramparts are a Unesco World Heritage Site. The Spanish border is 15 minutes away and Lisbon 2 hours. A high-speed train line linking Lisbon and Madrid via Elvas is currently under construction, with the Elvas station scheduled to open in the first quarter of 2024. An excellent investment in a city steeped in history, with strong prospects for tourism and economic development.Please for further information. Energy Rating: F ref:PALC 97